Goldman Sachs

Roxalana,

You forgot to put <sarc> at the end of your post!

The fact that there is occasional convergence between these two entities does not necessarily denote any coherent long term strategic financial ambition.
This particular situation is not sufficient evidence on which to base such an unambiguous statement.
You make it sound like a sordid conspiracy,next you will be telling everybody that just about all countries have at least one high ranking ex GS employee in the upper strata of their respective government's financial policy committees.

Weirdo!!!

Today, the big news report in the financial media is that Goldman Sachs Group Inc (NYSE:GS) has fired a junior employee and a supervisor for leaking confidential information from the Federal Reserve Bank of New York. Is anyone surprised that this incident actually happened in the first place? The answer is, no. In fact, the market does not care that information sharing occurred between Goldman and the Federal Reserve, as long as the stock market continues to rise. If this incident occurred in a bear market, then all hell would break loose, but that is not the case at this time. Here is another question, does anyone believe that this information sharing is not going on at other large "too big to fail" firms? If you still believe it is not, then I have a bridge to sell you. The bottom line, Goldman and the Fed are basically one in the same.


Nick Santiago
InTheMoneyStocks