It seems you can buy the best generators with billions of easy Fed bailout money. But wait, why isn't the Fed building lit up? Oh, that's right, they like it in the dark.
Successful traders work in terms of probabilities and plan accordingly. This is just a reflection of that mindset. That being said, they got their asses handed to them in '08 and should've went down.
I'm not a visual person but I gotta say this photo explains just about everything.
ReplyDeleteI agree, it's truly stunning. I hate the cliche but it's one of those picture that says everything that needs to be said.
DeleteThis is such an eerie photo. If it weren't GS I would feel a lot better seeing it. Still I'm glad there was no trust in Gov't.
ReplyDeleteIt's incredible though.
I was in NY a year ago and that building with cranes next to it was about to be finished. From the photo above it seems to me that is didn't.
ReplyDeleteheh heh.... Preppers.
ReplyDeleteRemember, boys and girls,
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Charles Wilson
To be sure, GS did an analysis to determine if it was better to protect their asset or have the Government buy them a new one.
ReplyDeleteSo what's the lesson here? Goldman Sachs can afford the best generators, because their risky financial plays are backed by government bailouts?
ReplyDeleteIt seems you can buy the best generators with billions of easy Fed bailout money. But wait, why isn't the Fed building lit up? Oh, that's right, they like it in the dark.
ReplyDeleteThey were warned the storm was being directed their way. Ha!
ReplyDeleteSuccessful traders work in terms of probabilities and plan accordingly. This is just a reflection of that mindset. That being said, they got their asses handed to them in '08 and should've went down.
ReplyDelete