Subscribers can expect fresh banking research to be released this
weekend. In the meantime, CNBC reports that our (lone) bullish outlook
on Google is on point: Google Earnings Blow Past Expectations; Shares Surge 13 Oct 2011
Google earnings and revenue blew past expectations, sending its shares sharply higher in after-hours trading.
This is what happens when Wall Street protesters organize to the extent that they can actually effect the banks the same way the corporate raiders control the Fortune 500.
Geithner said US banks aren't at risk, shares spiked. He's considered a (super)hero by some. I say look to track record, TRUTH, facts & actual accomplishments for our new superheroes! Here are some Goldman Sachs FACTS Geithner forgot to mention!!! Must have left them home with his cape...
It's ironic that the police came out in force to protect the institutions whose massive bonus's were derived, in large part, from raping and pillaging professional sheeple pools such as police pension funds. That's the sound of the beast...
There are only two ways for Apple to proceed (as) successfully in the medium term: 1) cut prices or 2) raise the technological bar. Either way, margins get hit. This is the first time Apple has released a smart product to boos from expectations set by the Android camp!!!
Booyah! There you go. The markets & the media have concentrated on Morgan Stanely because Goldman has successfully hid much of its risk from those who didn't subscribe to BoomBustBlog. Watch the fireworks as the truth is exposed, then goes VIRAL!!!
How will GS put a real hedge, a counterparty risk mitigating prophylactic if you will, over that big green stalk that is representative of Total Credit Exposure to Risk Based Capital? Short answer, Goldman may very well be to big for a counterparty condom. You pretty, brand name Goldman counterparties out there (and yes, there are a lot of y'all - GS really gets around), expect to get burned at the culmination of that French banking party I've been talking about for the last few quarters.
This is the first in a series of articles to be released this weekend concerning the sell side's, media's, and general investing public's extreme under-appreciation for the risk that is Goldman Sachs, the Squid!
If I were able to show in this article that it really ISN'T different this time, would it change any decision maker's path or actions? We all know the answer to that question. Time to get those outlier event short positions ready, it's going to be a rough ride!!! A complete recap of recent events...
This time really is different! Einstein has his definition of inssanity, but Middleton says the definition of a cental banker/planner is more and more borrowing & expecting solvency this time around.
Stacy Herbert and Max Keiser have absolutely scooped the FT on the French bank run story with thier interactive interview of me and the use of new media. Absolutley!
Methinks the smaller media and blogs should be taken moe seriously as a platform by the mainstream media. Seriously! ZH and BBB are perfect examples.
