Do we have to make nice with Goldman Sachs now?

November 18, 2009

Goldman Sachs is doing nice things for small business?

Does this mean we can’t point out that Goldman Sachs supports genocide of Scots by immigration?

https://oldatlanticlighthouse.wordpress.com/2007/06/30/population-genetics-island-model-one-way-migration/

http://www.pubmedcentral.nih.gov/picrender.fcgi?artid=1213928&blobtype=pdf

We investigated various cases of the island model with stochastic migration. If the population is infinite, the immigrants have a fixed gene frequency and the alleles are neutral, the gene frequency on the island converges to that of the immigrants.

Does it mean we can’t write satire of Goldman Sachs?  We can’t say that Gillibrand Schumer equals Goldman Sachs and they are the Goldman Sachs machine?  That Lou Dobbs should run for Senate against 85 Broad Street?   That 85 Broad Street should be branded in everyone’s mind as the home office of Global Scheming?   Is it that bad?

http://blogs.abcnews.com/theworldnewser/2009/11/goldman-sachs-says-sorry.html

Is Goldman now going to be fully capitalized for swaps?  Is Goldman going to hold capital sufficient to be solvent for the longest lived liability instead of 1 to 10 day value at risk?  Which is based on the false idea that they can liquidate their entire asset and liability position in 1 to 10 days.  How did that work for LTCM?

What about Russia Plagiarism Files?  Is Goldman going to tell what they know about that?  Will they try to clean up that?

https://oldatlanticlighthouse.wordpress.com/2009/08/25/ben-bernanke-russia-plagiarism-files/

We will have to wait and see.

==

Paulson sells GS stake and buys Citigroup.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aiZE.BBJzcWA&pos=7

That doesn’t mean he sold his stake in Gillibrand Schumer, just Goldman Sachs.

Goldman exposed to AIG losses according to report:

http://www.financialpost.com/story.html?id=2237075

http://www.denninger.net/pdf/sigtarp-aig.pdf

http://seekingalpha.com/article/173833-aig-counterparties-the-sigtarp-report

So maybe that 1 to 10 day value at risk thing is not so good?  Hire quants from Lehman.  Ask them.   They had 1 day VAR capital up to the final day?

 

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