Goldman Sachs: The Great American Bubble Machine
By Barry Ritholtz - June 25th, 2009, 6:31AM
Try this PDF: Goldman Sachs: The Great American Bubble Machine
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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
June 25th, 2009 at 10:09 am
Trouble machine?
June 25th, 2009 at 10:36 am
the causality goes in exactly the reverse direction. the market is inherently a bubble machine, and the smarter people can time and feed the bubble better than others.
if GS is so smart, why are they now a bank? grain of salt, people.
June 25th, 2009 at 10:44 am
@Drollere:wrong. If they’re just a bank why are they hedgies and part of the SLP???? Where DID all those bonuses come from anyway. DO you work for them?
Read Peter Defazio’s remarks about the carbon market and the European results.
CARBON MARKET: More fraud and corruption on the way. Correct.
June 25th, 2009 at 12:23 pm
Here’s the Rep De Fazio comment on Cap and Trade.
http://www.eugeneweekly.com/2009/06/18/views1.html
Sounds pretty dead on to me.
June 25th, 2009 at 3:11 pm
Here another guys take on this same article
http://thehonesttrader.blogspot.com/2009/06/this-is-from-gains-and-pains-capital.html
pretty interesting stuff
June 25th, 2009 at 5:21 pm
This is incredible! And the SEC just requested a copy of the new movie: Stock Shock!
Market manipulation is about to be reigned in!
Thank you Matt T. and STOCK SHOCK!
June 25th, 2009 at 8:10 pm
Barry they are talking about you over at the business insider…
http://www.businessinsider.com/wait-maybe-the-realtors-arent-wrong-this-time-2009-6
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BR: Here are their other articles:
The NAR’s Appalling Fight Against Honest Appraisals
http://www.businessinsider.com/the-nars-appalling-fight-against-honest-appraisals-2009-6
The Home Appraisal Mess
http://www.businessinsider.com/the-home-appraisal-mess-2009-6
NAR Chief Blames Objective Appraisers For Keeping Home Sales Down http://www.businessinsider.com/nar-chief-blames-objective-appraisers-for-keeping-home-sales-down-2009-6
June 27th, 2009 at 6:14 pm
[...] on Goldman Sachs Jump to Comments America’s best journalist on Goldman and its reach: The bank’s unprecedented reach and power have enabled it to turn all of America into a giant [...]
June 28th, 2009 at 5:01 pm
[...] Saw it, read it, posted on it — see Goldman Sachs: The Great American Bubble Machine. [...]
June 28th, 2009 at 8:06 pm
Denise Hubbard, I wish it were that simple. The cause runs much deeper than ignorance. The insiders including many who are supposed to be protecting the American public know exactly what they are doing. The SEC will do what they have historically done – not a damn thing.
Sorry to bust your……. bubble.
June 29th, 2009 at 9:40 am
[...] Goldman Sachs: The Great American Bubble Machine [The Big Picture] – A must read, particularly the final blow on cap-and-trade. I suggest clicking through to the Scribd page and going full screen. [...]
June 29th, 2009 at 2:07 pm
[...] #3: A recently-published story in Rolling Stone blaming Goldman Sachs for their contribution to high energy prices. [...]
June 29th, 2009 at 11:24 pm
When reading about the scams relating to the trading of futures (p. 61) consider how Cap & Tax will be the vehicle for the next fleecing of the sheeple. Big money will be made by the politicians and insiders if this sham is allows to become law.