ZH Evening Wrap Up 6/4/12

Some headlines from today

- John Paulson not only wastes his investors money, he apparently also likes to waste his own: Buys Saudi Prince's Aspen Palace for a cool $49M

- Goldman Sachs cuts managing director jobs

- Mainstream media catching up to ZH, speculates $4bn loss at CIO office

- Blankfein testifies in Gupta case, says none of your business

- Iran's special forces are in Syria

On a long enough timeline

- Record number of U.S. households on foodstamps

- Margin Stanley is now the dirtest cheapest stock on Mad Money

- Egan Jones downgrades the U.K. to AA-

- American Progressive "think tank" begs Bernanke to bail out Europe (can't make this up)

- Cashin on Ctrl + P

- The President presents: the thingamajig plan... because coming up with ridiculous ways to piss money away never gets old

Comments

[ShankyS]

Thanks for the post bro. Always worth the read. 

[Unbezahlbar]

I'm glad John Paulson bought that place. That Saudi prince is a prick. Whenever he wanted to ski or snowmobile, the CIA would shut down the entire side of the mountain for his private use......That sucked imo.

I'm sure Paulson will be a welcome change to the neighborhood.

[mess nonster]

Nice headlines, except for the Zio-troll piece about Iranian special forces- as if ours aren't there too.

Whatever.

[Tucson Tom]

care to site your sources about boots on the ground?

[OpenThePodBayDoorHAL]

Yes "our" boots are on the ground in Syria...this time in the form of al-Qaeda, our new ally in Syria. Remember, first we created them, then we decided they were the enemy, now it seems they're our friends again.

http://www.infowars.com/hillary-clinton-admits-us-and-al-qaeda-on-same-s...

So it's the Blue Team (US, Saudis, Bahrain, Qatar and the rest of the Sunnis, with Israel on the side with their nuclear-armed German subs) versus the Red Team (Iran, Shia, Alawite, Russia, China) on the other side. The Syrians happen to be in between.

[dododo]

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[CURWAR2012]

NICE POST!