Would you let your mother buy this stock?

Posted on Jul 14, 2009 by WHC Bassetti in Letters

When the history of the great Bush bear is written there will be a special chapter for Goldman.  Goldman would be quietly interred next to Lehman and Bear if Secretary Paulson had not poured government money into AIQ which was just a funnel for billions to Goldman.  Somewhere the ghostlike voice of Teddy Roosevelt is murmuring "malefactors of great wealth...".  Well regardless of Goldman's role in the global meltdown it has with the Treasury's help clawed back part way to its heights.

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