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TMFAleph1 (96.14)

Is Goldman a Buy?

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November 02, 2009 – Comments (2) | RELATED TICKERS: GS , BAC , BRK-B

Goldman Sachs (NYSE: GS) is arguably more visible today than it has ever been its history (or than it has ever wanted to be; the firm has traditionally valued a low public profile). Outstanding results this year highlight a firm that has pulled away from its closest competitors in the credit crisis. [More]

2 Comments – Post Your Own

#1) On November 02, 2009 at 11:20 AM, brickcityman (< 20) wrote:

I guess the bigger question is how do you classify it?

 

Is it a bank stock?  an investment services stock?  a government-backed entity?  A vice-stock?  Or just a magical money producing black box (which is what most analysts and commentators want you think)?

 

Personally I think election year 2010 grandstanding will make it seem more like a vice stock than anything else....  I mean, come on...  Trying to buy up tax credits meant to assist with low-income housing?  You don't think the headlines/editorials associated with that will reperucussions? ...

 

I wouldn't touch Government Slacks with a ten foot pole.

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#2) On November 02, 2009 at 11:36 AM, leohaas (34.93) wrote:

"If you can't beat them, join them!"

Whoever believes that GS is at the center of a large conspiracy, basically to benefit Wall Street at the expense of Main Street, should go ahead and buy the stock. If you are right, you will end up with the spoils...

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