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Guess Who Was Buying HNZ Stock From Its Clients

Tyler Durden's picture




 

An investment bank having a Sell rating on a stock? Usually an unheard of thing: why alienate the management, why prevent future banking business - it's not like banks are ethical creatures - and sure enough in this particular case, the bank in question had sell recos on just 14% of the stocks in its coverage universe. Which begs the question: what does a Sell rating really accomplish? Well, in this case, and in all such cases, it merely provides the firm's prop, pardon flow, traders the opportunity to accumulate the shares its "clients" are advised by the same bank's sellside group  to Sell, preferably to the bank in question. Who are we talking about? Take a wild guess...

Bottom line: 20% gain for Goldman's prop traders who bought all the HNZ stock they indirectly "advised" their client counterparts to sell to them.

Is it time to buy all other Goldman "Sells" on imminent Buffet takeovers?

 

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Thu, 02/14/2013 - 10:59 | 3242962 Confundido
Confundido's picture

I shall short Goldman.

Thu, 02/14/2013 - 11:03 | 3242976 HoofHearted
HoofHearted's picture

I'm glad it was Government Sachs. I was afraid there was another firm out there trying to fuck everyone over. What? There ARE other firms? Well, shit. My faith in the whole system...oh nevermind. I never really did think much of TBTF and fascism.

Thu, 02/14/2013 - 11:08 | 3242992 Richard Chesler
Richard Chesler's picture

That these fuckers have "clients" is a tribute to human stupidity.

Thu, 02/14/2013 - 11:12 | 3243012 Shell Game
Shell Game's picture

"Stupid greed is as stupid greed does."  --Mamma Gump

Thu, 02/14/2013 - 11:25 | 3243049 Killtruck
Killtruck's picture

"Nest of schemin' bastards!" - Braveheart

Thu, 02/14/2013 - 11:44 | 3243117 William.M.Tweed
William.M.Tweed's picture

couldn't agree on the color of shite!!

 

The appearance of the law must be upheld, Especially when it's being broken

Thu, 02/14/2013 - 13:27 | 3243484 SafelyGraze
SafelyGraze's picture

the beauty of the advice is that the analysis is spot-on 

it's just that the recommendation came a bit early

perhaps could have been tweaked to say "sell *after* the transitory bump that will result from
fed --> banks --> berkshire --> hnzHolders

Thu, 02/14/2013 - 16:56 | 3244221 fourchan
fourchan's picture

kike job.

Thu, 02/14/2013 - 11:34 | 3243084 trebuchet
trebuchet's picture

Greed is the fear of missing out.

more powerful than the fear of getting F**ked

GS sorted this by making sure they have no fear to deal with 

1. use other peoples money

2. tell govts what to do, have your people in govt

3. have cash in your pocket - govt cash, investor cash, tax break cash, any which way you can get it cash....

4. do god's work

 

Thu, 02/14/2013 - 15:03 | 3243794 blindfaith
blindfaith's picture

 

 

A Simple redistribution of wealth from the top down.

 

Now all you who think something, one day, will happen to these bums best read your broker agreement.  If you buy one share of stock, you are considered a 'professional' and the broker has the right to choose the arborator and require YOU to surrender all finincial documents ( ALL not just with the brokerage) for the last 10 years including your bank records, credit cards, etc..  Think I am kidding? This is why ZIP has happened.

Thu, 02/14/2013 - 11:09 | 3243001 Spider
Spider's picture

Buffett is no better than Goldman - America's "Favorite" investor has blood on his hands.  Dont buy any of this "Buffett Investing" crap...

Thu, 02/14/2013 - 11:48 | 3243134 Groundhog Day
Groundhog Day's picture

I stopped drinking Coke and later all soda, Switched from colgate toothpaste to other brands, bought an electric razor so i don't have to pay Gilette, don't eat at Mcdnalds, yanked my money from wells fargo and now I can stop buying Heinz Ketchup.  Fuck u Buffet, bernanke, JPM et al.  I'm doing my part.  If 20% of the population did what i did this shit ends in 3-4 quarters.  Stop spending your money in conglomerates and buy local even if it is a bit more.  I get the satisfaction of knowing at least I'm helping a local business owner rather then some fat cat with an enormous salary, bonus and golden parachute if he/she fucks things up. Still trying to save on oil and gas.  I'll figure it out eventually

Thu, 02/14/2013 - 12:26 | 3243300 Big Corked Boots
Big Corked Boots's picture

I thought about boycotting Heinz ketchup (catsup) until I realized I haven't bought it in years... I get it from free restauraunt packets...

Thu, 02/14/2013 - 12:29 | 3243307 Blankenstein
Blankenstein's picture

Better yet, if 20% of the population would turn off the boob tube.  Just think if the constant flow of MSM propaganda, commercials and hollywood's version of reality were cut off.  TPTB would be in a fix.  

Thu, 02/14/2013 - 13:22 | 3243472 rosiescenario
rosiescenario's picture

well, when you are a pro politician and you needs to be re-elected every coupla years....who you gonna call? those elections take money....the more you be corrupt, the more money you need to gloss that over and sling more mud at any opposition. so at the day's end you got a sorta defacto facism in place....those with the gold make da rule.

Thu, 02/14/2013 - 11:19 | 3243030 waterwitch
waterwitch's picture

Why not short CPB?

Thu, 02/14/2013 - 11:21 | 3243034 whatsinaname
whatsinaname's picture

Anybody look at MDLZ 's balance sheet ? Did they get saddled with all the debt from the Kraft spin-off leaving the parent debt free ? 

Thu, 02/14/2013 - 15:20 | 3243813 blindfaith
blindfaith's picture

MY BIG question IS.....what the hell has Heinz got worth this price????  Did the old fart lose this mind?  Or was this to get some money into some political hands nice and clean?

Thu, 02/14/2013 - 11:00 | 3242964 Rubicon
Thu, 02/14/2013 - 11:03 | 3242981 redpill
redpill's picture

11. Thou shalt Bunga

Thu, 02/14/2013 - 11:19 | 3243032 new game
new game's picture

12. do as we say not as we do.

Thu, 02/14/2013 - 13:55 | 3243592 11b40
11b40's picture

I did not know Berlesconi was into little boys!

Thu, 02/14/2013 - 11:00 | 3242966 hedgeless_horseman
hedgeless_horseman's picture

 

 

Principal versus Agency, bitchezzz.

Thu, 02/14/2013 - 11:01 | 3242971 Divided States ...
Divided States of America's picture

that effin geezer really getting on my nerves.

Thu, 02/14/2013 - 11:13 | 3243008 hedgeless_horseman
hedgeless_horseman's picture

 

 

There is no injustice in a wolf acting like a wolf.  

 

There is only ignorance in the belief that a wolf will not act like a wolf.

Thu, 02/14/2013 - 11:15 | 3243023 new game
new game's picture

like a stihl chainsaw, after third pull and little varoom, that would be your sell signal, or well you know what the chainsaw will do....

Thu, 02/14/2013 - 11:32 | 3243061 hedgeless_horseman
hedgeless_horseman's picture

 

 

An investment bank having a Sell rating on a stock?

Only a fool would ask a pack of wolves where to winter his sheep.

Glass-Steagall was to help protect some of the foolish sheep, and we know what the wolves did to that sheepdog.

Thu, 02/14/2013 - 11:32 | 3243075 centerline
centerline's picture

The real question is what will be done to deal with the wolf problem?

Thu, 02/14/2013 - 11:49 | 3243128 hedgeless_horseman
hedgeless_horseman's picture

 

 

The wolf problem will continue as long as campaign contributions are bribery is legal and a select few control the money and the elections.

"Give me control of a nation's money and I care not who makes it's laws"

 

— Mayer Amschel Bauer Rothschild  

 

 

"I don't care who does the electing, so long as I get to do the nominating."

 

- Boss Tweed.

Thu, 02/14/2013 - 11:49 | 3243139 tip e. canoe
tip e. canoe's picture

a nice deterrent is to piss all around your boundary line.

Thu, 02/14/2013 - 11:31 | 3243073 fockewulf190
fockewulf190's picture

What happens to wolves who raid the herd one too many times.

http://news.nationalgeographic.com/news/bigphotos/images/070205-gray-wol...

Thu, 02/14/2013 - 11:43 | 3243086 hedgeless_horseman
hedgeless_horseman's picture

 

 

Bad news: all the sheepdogs have been killed, the ranchers have been disarmed, and poison is outlawed.

Don't be a sheep.  

Do blame the lawmakers that didn't prosecute the murderers, disarmed the ranchers, and outlawed poison.  HOLD THEM ACCOUNTABLE.

This will continue as long as campaign contributions are bribery is legal.

Thu, 02/14/2013 - 11:45 | 3243120 waterwitch
waterwitch's picture

Unless it's a coyote 

Thu, 02/14/2013 - 12:00 | 3243193 trebuchet
trebuchet's picture

being a wolf = acting like a wolf  = doing gods work 

Thu, 02/14/2013 - 23:06 | 3245314 mkhs
mkhs's picture

Yes, but which God?

Thu, 02/14/2013 - 14:43 | 3243727 MrBoompi
MrBoompi's picture

So I suppose I'm not ignorant by believing the SEC will do nothing about this?

Thu, 02/14/2013 - 15:16 | 3243837 Bandit und Buster
Bandit und Buster's picture

As regarding the Wolves... ?

Read Synagogue Rising!

www.synagoguerising.com 

Thu, 02/14/2013 - 11:38 | 3242997 Shell Game
Shell Game's picture

Hold it, Own it, Bitchezz..

 

Edit:  for my down voter - the House ALWAYS wins. Go back to your casino, fucking heroin addicts.

Thu, 02/14/2013 - 11:01 | 3242968 ShortTheUS
ShortTheUS's picture

Muppets get wiped out again!!!! LOLZ

Thu, 02/14/2013 - 11:08 | 3242995 EscapeKey
EscapeKey's picture

Surely you mean "sophisticated investors".

Thu, 02/14/2013 - 13:20 | 3243467 killallthefiat
killallthefiat's picture

Classic, Kermit strung out on heroin in the gutter

Thu, 02/14/2013 - 16:46 | 3244158 Theosebes Goodfellow
Theosebes Goodfellow's picture

You know, that was the image in my brain when I read the title. But it wasn't a dead Kermit, it was a sodomized one. Call it...., Muppet rape.

Thu, 02/14/2013 - 11:02 | 3242970 LongSoupLine
LongSoupLine's picture

Fuck you Goldman. Fucking assholes. You all should be in fucking prison getting your asses torn open while holding fucking hand with Madoff. You fucking pig balls sucking pricks.

Thu, 02/14/2013 - 11:03 | 3242979 Ratscam
Ratscam's picture

are you angry?

Thu, 02/14/2013 - 11:20 | 3243033 new game
new game's picture

thinking soup is being nice today.

Thu, 02/14/2013 - 11:22 | 3243038 new game
new game's picture

you will know nice is over when the question is: is it safe? as the drill revs up.

Thu, 02/14/2013 - 16:36 | 3244088 goldenbuddha454
goldenbuddha454's picture

So Muppets like holding Goldman's Sack?

Thu, 02/14/2013 - 11:01 | 3242972 gamera9
gamera9's picture

Caveat venditor

Thu, 02/14/2013 - 11:01 | 3242973 virgilcaine
virgilcaine's picture

Insider Trading alert...ding ding ding.

Thu, 02/14/2013 - 11:07 | 3242989 disabledvet
disabledvet's picture

"all your foreign policy is ours." I think in protest all zh'ers should stop buying anything that costs more than a dollar. We should also advertise only for things that cost a dollar...or less. "attack the cartel one penny at a time."

Thu, 02/14/2013 - 14:46 | 3243737 ZeroAvatar
ZeroAvatar's picture

Carefull ringing that bell.......you might wake someone up at the SEC!

Thu, 02/14/2013 - 15:16 | 3243839 Titus
Titus's picture

In case you haven't noticed, it's not insider trading when Goldman does it. 

Thu, 02/14/2013 - 11:02 | 3242974 Dr. Engali
Dr. Engali's picture

For some God awful reason the muppets will continue to keep their money with them. 

Thu, 02/14/2013 - 11:05 | 3242977 jcaz
jcaz's picture

It's a beautiful scam- if they're ever called to the mat on it, they can plead stupidity..... Pure Goldman.....

Thu, 02/14/2013 - 11:03 | 3242978 dick cheneys ghost
dick cheneys ghost's picture

My drug dealer has more ethics than golman saks

Thu, 02/14/2013 - 11:03 | 3242980 10044
10044's picture

by clients you meant "muppets" right??

Thu, 02/14/2013 - 11:04 | 3242984 Mad Mohel
Mad Mohel's picture

It's a case of what's good for the joos, is not good for the gander.

Thu, 02/14/2013 - 11:28 | 3243060 dick cheneys ghost
dick cheneys ghost's picture

the jooz can kiss 23% of my azz

Thu, 02/14/2013 - 16:26 | 3244040 Bandit und Buster
Bandit und Buster's picture

"It's a case of what's good for the joos, is not good for the gander"

This wouldn't have anything to do with the reason the jews have been kicked out of nearly every country in Europe over the last 2000 yrs would it??

 

109 Locations whence Jews have been Expelled since AD250
YEAR . . . . . . . . . . . . . . . . . . . . . .PLACE 250 -- - - - - - - - - - - - - - - - Carthage 415 -- - - - - - - - - - - - - - - - Alexandria 554 -- - - - - - - - - - - - - - - - Diocèse of Clermont (France) 561 -- - - - - - - - - - - - - - - - Diocèse of Uzès (France) 612 -- - - - - - - - - - - - - - - - Visigoth Spain 642 -- - - - - - - - - - - - - - - - Visigoth Empire 855 -- - - - - - - - - - - - - - - - Italy 876 -- - - - - - - - - - - - - - - - Sens 1012 -- - - - - - - - - - - - - - - - Mainz 1182 -- - - - - - - - - - - - - - - - France 1182 -- - - - - - - - - - - - - - - - Germany 1276 -- - - - - - - - - - - - - - - - Upper Bavaria 1290 -- - - - - - - - - - - - - - - - England 1306 -- - - - - - - - - - - - - - - - France 1322 -- - - - - - - - - - - - - - - - France (again) 1348 -- - - - - - - - - - - - - - - - Switzerland 1349 -- - - - - - - - - - - - - - - - Hielbronn (Germany) 1349 -- - - - - - - - - - - - - - - - Saxony 1349 -- - - - - - - - - - - - - - - - Hungary 1360 -- - - - - - - - - - - - - - - - Hungary 1370 -- - - - - - - - - - - - - - - - Belgium 1380 -- - - - - - - - - - - - - - - - Slovakia 1388 -- - - - - - - - - - - - - - - - Strasbourg 1394 -- - - - - - - - - - - - - - - - Germany 1394 -- - - - - - - - - - - - - - - - France 1420 -- - - - - - - - - - - - - - - - Lyons 1421 -- - - - - - - - - - - - - - - - Austria 1424 -- - - - - - - - - - - - - - - - Fribourg 1424 -- - - - - - - - - - - - - - - - Zurich 1424 -- - - - - - - - - - - - - - - - Cologne 1432 -- - - - - - - - - - - - - - - - Savoy 1438 -- - - - - - - - - - - - - - - - Mainz 1439 -- - - - - - - - - - - - - - - - Augsburg 1442 -- - - - - - - - - - - - - - - - Netherlands 1444 -- - - - - - - - - - - - - - - - Netherlands 1446 -- - - - - - - - - - - - - - - - Bavaria 1453 -- - - - - - - - - - - - - - - - France 1453 -- - - - - - - - - - - - - - - - Breslau 1454 -- - - - - - - - - - - - - - - - Wurzburg 1462 -- - - - - - - - - - - - - - - - Mainz 1483 -- - - - - - - - - - - - - - - - Mainz 1484 -- - - - - - - - - - - - - - - - Warsaw 1485 -- - - - - - - - - - - - - - - - Vincenza (Italy) 1492 -- - - - - - - - - - - - - - - - Spain 1492 -- - - - - - - - - - - - - - - - Italy 1495 -- - - - - - - - - - - - - - - - Lithuania 1496 -- - - - - - - - - - - - - - - - Naples 1496 -- - - - - - - - - - - - - - - - Portugal 1498 -- - - - - - - - - - - - - - - - Nuremberg 1498 -- - - - - - - - - - - - - - - - Navarre 1510 -- - - - - - - - - - - - - - - - Brandenberg 1510 -- - - - - - - - - - - - - - - - Prussia 1514 -- - - - - - - - - - - - - - - - Strasbourg 1515 -- - - - - - - - - - - - - - - - Genoa 1519 -- - - - - - - - - - - - - - - - Regensburg 1533 -- - - - - - - - - - - - - - - - Naples 1541 -- - - - - - - - - - - - - - - - Naples 1542 -- - - - - - - - - - - - - - - - Prague & Bohemia 1550 -- - - - - - - - - - - - - - - - Genoa 1551 -- - - - - - - - - - - - - - - - Bavaria 1555 -- - - - - - - - - - - - - - - - Pesaro 1557 -- - - - - - - - - - - - - - - - Prague 1559 -- - - - - - - - - - - - - - - - Austria 1561 -- - - - - - - - - - - - - - - - Prague 1567 -- - - - - - - - - - - - - - - - Wurzburg 1569 -- - - - - - - - - - - - - - - - Papal States 1571 -- - - - - - - - - - - - - - - - Brandenburg 1582 -- - - - - - - - - - - - - - - - Netherlands 1582 -- - - - - - - - - - - - - - - - Hungary 1593 -- - - - - - - - - - - - - - - - Brandenburg, Austria 1597 -- - - - - - - - - - - - - - - - Cremona, Pavia & Lodi 1614 -- - - - - - - - - - - - - - - - Frankfort 1615 -- - - - - - - - - - - - - - - - Worms 1619 -- - - - - - - - - - - - - - - - Kiev 1648 -- - - - - - - - - - - - - - - - Ukraine 1648 -- - - - - - - - - - - - - - - - Poland 1649 -- - - - - - - - - - - - - - - - Hamburg 1654 -- - - - - - - - - - - - - - - - Little Russia (Beylorus) 1656 -- - - - - - - - - - - - - - - - Lithuania 1669 -- - - - - - - - - - - - - - - - Oran (North Africa) 1669 -- - - - - - - - - - - - - - - - Vienna 1670 -- - - - - - - - - - - - - - - - Vienna 1712 -- - - - - - - - - - - - - - - - Sandomir 1727 -- - - - - - - - - - - - - - - - Russia 1738 -- - - - - - - - - - - - - - - - Wurtemburg 1740 -- - - - - - - - - - - - - - - - Little Russia (Beylorus) 1744 -- - - - - - - - - - - - - - - - Prague, Bohemia 1744 -- - - - - - - - - - - - - - - - Slovakia 1744 -- - - - - - - - - - - - - - - - Livonia 1745 -- - - - - - - - - - - - - - - - Moravia 1753 -- - - - - - - - - - - - - - - - Kovad (Lithuania) 1761 -- - - - - - - - - - - - - - - - Bordeaux 1772 -- - - - - - - - - - - - - - - - Deported to the Pale of Settlement (Poland/Russia) 1775 -- - - - - - - - - - - - - - - - Warsaw 1789 -- - - - - - - - - - - - - - - - Alsace 1804 -- - - - - - - - - - - - - - - - Villages in Russia 1808 -- - - - - - - - - - - - - - - - Villages & Countrysides (Russia) 1815 -- - - - - - - - - - - - - - - - Lbeck & Bremen 1815 -- - - - - - - - - - - - - - - - Franconia, Swabia & Bavaria 1820 -- - - - - - - - - - - - - - - - Bremen 1843 -- - - - - - - - - - - - - - - - Russian Border Austria & Prussia 1862 -- - - - - - - - - - - - - - - - Areas in the U.S. under General Grant's Jurisdiction[1] 1866 -- - - - - - - - - - - - - - - - Galatz, Romania 1880s - - - - - - - - - - - - - - - - Russia 1891 -- - - - - - - - - - - - - - - - Moscow 1919 -- - - - - - - - - - - - - - - - Bavaria (foreign born Jews) 1938-45 - - - - - - - - - - - - - - Nazi Controlled Areas 1948 -- - - - - - - - - - - - - - - - Arab Countries

Reference sources for the above.

[1] On December 17, 1862, General Ulysses Grant wrote to the Assistant Adjutant General of the US Army:

"I have long since believed that in spite of all the vigilance that can be infused into post commanders, the specie regulations of the Treasury Department have been violated, and that mostly by the Jews and other unprincipled traders. So well satisfied have I been of this that I instructed the commanding officer at Columbus to refuse all permits to Jews to come South, and I have frequently had them expelled from the department. But they come in with their carpet-sacks in spite of all that can be done to prevent it. The Jews seem to be a privileged class that can travel anywhere. They will land at any woodyard on the river and make their way through the country. If not permitted to buy cotton themselves, they will act as agents for someone else, who will be at a military post with a Treasury permit to receive cotton and pay for it in Treasury notes which the Jew will buy at an agreed rate, paying gold."

Thu, 02/14/2013 - 11:04 | 3242987 meizu
meizu's picture

In this day and age it's impossible for SEC to regulate the flow of insider information.  People simply have to accept that stock market is not a place to put your savings.

Thu, 02/14/2013 - 11:11 | 3243006 Mad Mohel
Mad Mohel's picture

Very true, too many dirtbags to keep an eye on. And anyone willing to jump into the den of thieves deserves to get done dry.

Thu, 02/14/2013 - 12:43 | 3243356 Blankenstein
Blankenstein's picture

Baloney.  If the crooks that caused the financial crisis had been prosecuted and made to do hard time along side of Bubba, others might not be so quick to cheat seeing that there could be harsh consequences. 

Thu, 02/14/2013 - 11:07 | 3242991 Lord Of Finance
Lord Of Finance's picture

Take a wild guess? Hmmn. Lets see . . .

 

. . . how about,

 

Mabus?

 

The anti-christ superstar?

 

Beezlebum?

 

Da Bernank?

Thu, 02/14/2013 - 17:20 | 3243310 web bot
web bot's picture

Isn't "Da Bernank" an order of demons in the Marriner Eccles chamber in the pit of Hell? I'm sure if we sift through some ancient Talmudic texts or ancient Greek/Latin texts of the Holy Bible, we'll find him mentioned somewhere in there...

Thu, 02/14/2013 - 11:09 | 3243000 francis_sawyer
francis_sawyer's picture

Have no fear... No jews were harmed in this operation...

Thu, 02/14/2013 - 11:10 | 3243003 williambanzai7
williambanzai7's picture

FED VALENTINE$ NO 2

Thu, 02/14/2013 - 13:39 | 3243497 Fredo Corleone
Fredo Corleone's picture

No beard...clearly St. Valentine's '12.

Check out the expressions of exertion -- WB7, this should have been accompanied by a "coffee/keyboard" warning.

Thu, 02/14/2013 - 11:10 | 3243004 GTO
GTO's picture

Wait this time it is different. Nah the game never changes.

Thu, 02/14/2013 - 11:11 | 3243005 falak pema
falak pema's picture

well at 28 billion and a P/E >30 they better be NO world wide depression in the coming five years; that P/E is like for Amazon. 

Thu, 02/14/2013 - 11:49 | 3243136 Thisson
Thisson's picture

This strikes me as a play by Buffett to hedge against rising interest rate risk.  Consumer products tend to do well in such environments, due to inelasticity of demand.

Thu, 02/14/2013 - 12:24 | 3243290 Careless Whisper
Careless Whisper's picture

Love those tattoos banzai7. Guys gotta acessorize, ya know.

Thu, 02/14/2013 - 11:11 | 3243007 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

Have no fear Super Moe will save the day. That kermit picture is priceless,

Thu, 02/14/2013 - 11:12 | 3243010 jmcadg
jmcadg's picture

Do Goldman still have clients, really, I mean seriously, really. Fuckin' unbelievable.

Thu, 02/14/2013 - 11:12 | 3243011 Everybodys All ...
Everybodys All American's picture

hey you can have it back now. /sarc

Thu, 02/14/2013 - 11:12 | 3243014 wchild
wchild's picture

Sorry, off topic,but...  I know it has been asked before, but... I havent seen a fix, or change in settings to STOP THESE DAMN POPUPS!!!  Please, Tyler.... anyone?

Thu, 02/14/2013 - 11:39 | 3243104 Non Passaran
Non Passaran's picture

You have spyware.
Enable pop up blocker

Thu, 02/14/2013 - 11:12 | 3243016 Bastiat
Bastiat's picture

Worst case: two years from now the squid will have to pay five percent of its profit on the position and blame it on a junior rogue analyst.

Thu, 02/14/2013 - 11:15 | 3243020 djsmps
djsmps's picture

I wonder how much HNZ stock Mr. Obama acquired for his "blind" trust?

Thu, 02/14/2013 - 11:21 | 3243036 francis_sawyer
francis_sawyer's picture

1,000 shares for each of the "57" states...

Thu, 02/14/2013 - 11:19 | 3243031 ebworthen
ebworthen's picture

Goldmung Slacks slays more Muppets!

Don't think they had any inside information, do ya?

Thu, 02/14/2013 - 13:42 | 3243557 toys for tits
toys for tits's picture

 

didn't uncle warren once own some nice shares of GS?

My favorite line from the cited article:

"Buffett will continue to benefit from his $5 billion investment in Goldman Sachs during the financial crisis."

Thu, 02/14/2013 - 17:03 | 3244251 Mrmojorisin515
Mrmojorisin515's picture

yep, he won't invest in internet stocks because he doesn't "understand them", but the wiley old prick sure does understand fraud!

Thu, 02/14/2013 - 11:25 | 3243045 Platinum_Investor
Platinum_Investor's picture

But isn't that sort of illegal that they offer advice but are actually doing the opposite?  Why are banks allowed to do illegal acts all over the planet ?

Thu, 02/14/2013 - 16:55 | 3244207 Bandit und Buster
Bandit und Buster's picture

"Why are banks allowed to do illegal acts all over the planet ?"

Cause the Rothchild jews control the world.  And if you complain they'll call you an 'anti-semite' !

(Even though they are turks and mongols and are NOT semitic, doesn't matter.) 

 "[The world] forgets, in its ignorance and narrowness

of heart, that when we sink, we  become a revolutionaryproletariat, the subordinate officers of the revolutionaryparty; when we  rise, there rises also the terrible power of thepurse." (The Jewish State, New York, 1917)      "I am afraid the ordinary citizen will not like to betold that the banks can, and do,  create money...And they whocontrol the credit of the nation direct the policy of Governments  and hold in the hollow of their hands the destiny of the people." (Reginald McKenna, former  Chancellor of the Exchequer, January 24, 1924)www.synagoguerising.com
Thu, 02/14/2013 - 11:25 | 3243047 Seasmoke
Seasmoke's picture

Only 14% sells.....yet we are to believe one of those 14% , was Heinz......who just happened to get bought out by Becky Quick

 

 

Thu, 02/14/2013 - 11:26 | 3243050 Henry Chinaski
Henry Chinaski's picture

Thanks Tylers.  Your quest to liberate opprressed knowledge has turned GS into low hanging fruit.  Outrageous but not surprising.

Thu, 02/14/2013 - 11:26 | 3243051 CaptainSpaulding
CaptainSpaulding's picture

Does this mean i have to switch to Hunts ketchup?

Thu, 02/14/2013 - 12:38 | 3243338 Kilgore Trout
Kilgore Trout's picture

Red Gold

Thu, 02/14/2013 - 11:26 | 3243052 Seasmoke
Seasmoke's picture

God has made another BIG score !!!!

Thu, 02/14/2013 - 11:34 | 3243081 El Hosel
El Hosel's picture

What a long strange trip its been, freek show daisy chain - you can't make this stuff up......

Buffet in bed with Blankfein and Becky, please don't turn on the lights.

Thu, 02/14/2013 - 11:29 | 3243063 Melson Nandela
Melson Nandela's picture

Either coincidence or fraud. And i don´t believe in coincidences

Thu, 02/14/2013 - 11:29 | 3243064 Cone of Uncertainty
Cone of Uncertainty's picture

Somebody show me where Goldman is indicated to be an advisor to any party in this transaction?

This post would make more sense if they were involvved in the deal, but alas, BoA and JPM and Well Fargo are the only firms listed.

 

Thu, 02/14/2013 - 11:36 | 3243088 AlaricBalth
AlaricBalth's picture

With all due respect, don't be naive.

Thu, 02/14/2013 - 11:54 | 3243158 Cone of Uncertainty
Cone of Uncertainty's picture

Dude, the fucking GS analyst had a fucking SELL rating on this stock since June of 2011--I would tell you to look at your Bloomberg Terminal, but clearly you get your info from Yahoo Finance.

So are you telling me the the GS prop desk was accumulating HNZ for nearly two fucking years in anticipation of this deal?

You guys are fucking amateurs.

Thu, 02/14/2013 - 12:45 | 3243358 AlaricBalth
AlaricBalth's picture

You make a valid argument in pointing out GS's sell reco date, however that was not your original premise. You wrote that GS was not part of the deal and that it would make more sense if they were involved with the other M&A advisors. This statement implied, in my opinion, that GS would not be privy to the information flow concerning the deal. I was just pointing out the fallacy of that premise.

In my day, two former colleagues would get together for drinks at Harry's and that's all it would take to get the information from one firm to another. These days it's probably Ulysses on Pearl St. Having worked in M&A on the Street for over 17 years and then finally setting up my own shop in 2000, I speak from experience, not as an amateur. So next time make your strongest point first, because it was a good one, rather than saving it as a straw man argument after the fact.

Thu, 02/14/2013 - 12:55 | 3243374 Blankenstein
Blankenstein's picture

And you are an apoligist for a rogue operation that would have been in dire straits without a taxpayer funded bailout enabled by Goldman's government insiders. 

 

http://dailybail.com/home/bombshell-report-goldman-sachs-got-billions-fr...

Thu, 02/14/2013 - 11:45 | 3243123 tip e. canoe
tip e. canoe's picture

and Lazard

Thu, 02/14/2013 - 11:37 | 3243091 Bastiat
Bastiat's picture

Kerry text to Lavrov:  Like that action?  Answer the phone next time I call,  prick.

Thu, 02/14/2013 - 11:44 | 3243094 jelyfish
jelyfish's picture

(edit) Wrong thread

Thu, 02/14/2013 - 11:38 | 3243100 Michelle
Michelle's picture

Jeez, this happens all the time, so what's new...

Thu, 02/14/2013 - 11:40 | 3243105 Billy Shears
Billy Shears's picture

I saw your muppet and your muppets dead...

http://www.youtube.com/watch?v=ngimUsQb2_g

Thu, 02/14/2013 - 11:42 | 3243113 JR
JR's picture

The culprit here is the Fed which is owned by banks such as Goldman. And the Keynesian policies and hands off regulations are rubber stamps for transactions like this.

Thu, 02/14/2013 - 12:10 | 3243132 ebworthen
ebworthen's picture

Bingo!

Without the FED providing debt slave (taxpayer) money to prop these crony capitalists and their inside deals - people like Buffet, Kerry, and Blankfein might actually have to work for a living (egads!).

Thu, 02/14/2013 - 11:59 | 3243182 Cone of Uncertainty
Cone of Uncertainty's picture

GS analyst Jason English had a SELL on this stock since 5/31/11 and never changed his rating, so how the fuck can one conclude that GS was scamming its clients?

They fuck clients all the time, but throwing up the latest SELL report and claiming that is the smoking gun for fraud and front running makes no sense.

Had he went from a BUY to a SELL a few months ago, then yeah, you could make that case, but not when the SELL rating has been in place for fucking years.

Fucking donkeys, that is why the average ZH reader is a fucking dolt and a sheep and a smegma licking fuckstick amateur that takes every post here as fucking gospel.

Wake up sheep.

Thu, 02/14/2013 - 12:13 | 3243229 Just Ice
Just Ice's picture

The note appears to have been put out on February 10, 2013...to sell hnz and buy something else.  Regardless, you should've stopped with your third paragraph.  The gratuitous extrapolation expressed in your last two pretty much mirrored what you were complaining about wrt the article.

Thu, 02/14/2013 - 12:22 | 3243266 ebworthen
ebworthen's picture

Eh?

Yes, GS was telling clients to sell, so they could buy more at the lower price, and today - now that it is up 20% - they will be selling what they bought from the clients at $56-$58/share for $72.50/share.

Cha-Ching!

And they were telling clients to sell because GS knew the Buffet/3G deal was coming.

And since 5/31/2011 the stock has gone from $53 to $60 (right before the deal was announced).

So...Jason English screwed GS clients coming and going.

Capiche?

Thu, 02/14/2013 - 13:46 | 3243559 Cone of Uncertainty
Cone of Uncertainty's picture

Ahh, no, again you don't know what the fuck you are talking about because GS ratings for this and all stocks are relative to the sector not the S&P as a whole--read that again RELATIVE TO THE SECTOR.

HNZ underperformed the Food Beverage and Tobacco group significantly the entire time this guy had the sell rating which meant he got it right, but of course, that is a detail your feeble mind can't grasp because you think you are a BSD because you inhabit the Yahoo stock boards.

 

Thu, 02/14/2013 - 15:07 | 3243808 Clowns on Acid
Clowns on Acid's picture

Ummm cone _head - So following your lucid argumnet... HNZ was a Sell RELATIVE TO THE SECTOR....until it wasn't.....

So the GS analyst was right? Only in your universe dude.

Thu, 02/14/2013 - 18:39 | 3244651 ebworthen
ebworthen's picture

Sounds like you sold a bunch of HNZ at $56 and now you are bitter about it (?).

GS issuing recommendations RELATIVE TO THE SECTOR provides a nice smoke screen for inside deals involving single stocks, eh?

Thu, 02/14/2013 - 12:37 | 3243333 Hondo
Hondo's picture

Quit being a clown....If you're so astute then you wouldn't be complaining like a school girl ditched but would have made money like the rest of us...

Thu, 02/14/2013 - 12:14 | 3243244 Herkimer Jerkimer
Herkimer Jerkimer's picture

'

'

'

'

I knew me days were numbered!

 

But that's not me! You got my body double!

 

I'm loose, from the noose!

 

There are @$$‡Ø£#$  and then there is ZeroHedge! A whole bouquet of arseholes you is!

 

I love you!

 

Keep printing the truth! You stand for something that as Orwell said,

 

"In a time of universal deceit - telling the truth is a revolutionary act."

 

Gawd, they must just hate your F@#$ing guts!

•J-<
V-V

Thu, 02/14/2013 - 12:17 | 3243259 bchbum
bchbum's picture

And the govt' is going after S&P for doing what goldman does as part of their business plan?!?

Thu, 02/14/2013 - 12:24 | 3243293 web bot
web bot's picture

Holy #uck you guys are funny! I almost spouted coffee through my nose... the commentary by my fellow heathens are also hysterical... I love the "No Jews were harmed in this operation..."

ZH - what a place to surf and hang. Now back to my client work. Ha ha...

Thu, 02/14/2013 - 12:34 | 3243326 Hondo
Hondo's picture

Doesn't Buffet still own that GS preferred stock???

Thu, 02/14/2013 - 13:05 | 3243411 q99x2
q99x2's picture

Wanted: Osama Bin Blankfeind

Thu, 02/14/2013 - 13:21 | 3243470 hannah
hannah's picture

the rigged market is just too funny now. how much more corrupt can this get....?

Thu, 02/14/2013 - 13:27 | 3243492 lunaticfringe
lunaticfringe's picture

I truly hate these cocksuckers. I simply can't take it anymore. Fear and loathing in America. Grab some sanity here. http://thecivillibertarian.blogspot.com/2013/02/hunter-thompson-had-it-r...

Thu, 02/14/2013 - 14:54 | 3243763 irie1029
irie1029's picture

cool link thanks!

Thu, 02/14/2013 - 13:50 | 3243539 ToNYC
ToNYC's picture

Buffett's next genius move will be to buy the pension-benefit INCREDIBLY pre-paid out of current cash-flow USPS after Goldmen figure a faster way to lay it down. I-95 is on the drawing board.

His bet is controlling the infrastucture and denying Evolution by betting huge on the stallwarts(sic). History is on his side, you get to choose the color of the condiments and select the number of blades in your razor. Then back to his plutocratic plantation for the j-ojob.

Thu, 02/14/2013 - 13:55 | 3243591 CheapBastard
CheapBastard's picture

Flip that Muppet !!

Thu, 02/14/2013 - 15:04 | 3243795 goldenbuddha454
goldenbuddha454's picture

I hear that Miss Piggy likes Goldman's Sack

Thu, 02/14/2013 - 14:36 | 3243708 Keyser
Keyser's picture

Much like the dis-information crew at CNBC. Follow those numpties recommendations at your own risk. 

 

Thu, 02/14/2013 - 15:46 | 3243935 trendybull459
trendybull459's picture

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Thu, 02/14/2013 - 18:21 | 3244568 JiveDadson
JiveDadson's picture

Mr. Durden, google for what "begs the question" means.

Do NOT follow this link or you will be banned from the site!