Archive - Feb 1, 2010
Reggie Middleton vs Goldman Sachs, Round 2 - the most overvalued bank on Wall Street???
Submitted by Reggie Middleton on 02/01/2010 04:18 -0500Before I get started, I want all to realize that this is not Goldman bashing piece. I think it is a [relatively] well run company, but its PR machine appears to be from Kindergarten land, and the aura of invincibility that it enjoys(ed?) is highly undeserved, as a consequence its historical "aura-based" premium is absolutely unjustified. Case in point...
Foreigners Caused America’s Financial Crisis? A Closer Look
Submitted by asiablues on 02/01/2010 00:43 -0500The financial crisis of 2007–2010 has been called the worst since the Great Depression of the 1930s. Many causes have been proposed, including one suggested by MIT economist Ricardo Caballero that foreign investment demand was a major contributor to America's monetary mess. So, are foreigners responsible for America's financial crisis?
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