What's Behind Those Mysterious Billions in Bank Profits

re: What's Behind Those Mysterious Billions in Bank Profits

PacificGatePost — Sat, 18 Jul 2009 07:06:02 GMT

Goldman Sachs will be eternally grateful to Obama for staying out of its way. Goldman has an uncommon grasp of the joystick.

This could be its letter of appreciation, ----

http://pacificgatepost.blogspot.com/2009/07/goldman-sachs-thank-you-mr-president.html

re: What's Behind Those Mysterious Billions in Bank Profits

AlyKhanSatchu — Sun, 19 Jul 2009 07:18:44 GMT

Its called a GOLDEN FLOOD of Free Money. Counterintuitively, if i were Geithner and I knew what was coming Might i not have gone to my Banks and said

'Gentlemen, Buy the World.'

before the devaluation.

Aly-Khan Satchu

www.rich.co.ke

twitter alykhansatchu

re: What's Behind Those Mysterious Billions in Bank Profits

cramer_stocks — Sun, 19 Jul 2009 23:37:55 GMT

Criminals! They all tout each other's genius all the while leveraging the public's money. And couldn't we have guessed that Jim Cramer's #1 stock has been Goldman Sachs (GS) for the last 4 years. A chart of his Goldman Sachs (GS) stock picks

http://www.stocktagger.com/2007/09/jim-cramer-calls-goldman-sachs-gs-best.html

re: What's Behind Those Mysterious Billions in Bank Profits

mdparvate — Thu, 23 Jul 2009 07:32:28 GMT

If banks are provided with a lot of money as capital,at a nominal cost, their financial position is naturally strengthened and all the loans made by them carry a lot of weight and credit. Ordinary borrowers have no other option but to meet their financial obligation as best as they can.That they have met their obligations attests to their own financial strength to do so.This only means that there was there was short term crisis. But it is still not clear how the banks made profits.It is probably because govt.debt has no urgent obligation to repay and practically the loans govt.grant of money to the banks.