Goldman Sachs

[Jeff Tumbarello]

http://www.bloomberg.com/apps/news?pid=20601087&sid=a6p0Sot13ROg&refer=home

The confirmation opens the way for the New York Fed to name a new president of the central bank's main liaison with Wall Street. An announcement may come as soon as today.[bold] Dudley, 56, is a former Goldman Sachs Group Inc. [/bold]economist who joined the Fed in 2007.

Goldman Sachs, that is where Mr Paulson came from

I am thinking of becoming a janitor there :lol: :idea:

I have done some research on this company, real interesting bunch. They go back to the debacle of 1907 which spawned the Fed.

If we follow the trend of 1929 to 1932

The stock market will have bottomed when Jp morgan and Goldman go bust, last of course.


In 1907 Jp saved the stock market, in 1929, while he made an attempt to save it, he really did the old "pump and dump"

He got himself out of the market....
The buyers for his stock followed in him, he exited real quick, with those followers as his exit purchaser