One reason for starting this blog is to inform novice investors of the criminality of Wall Street. You must understand that Wall Street is not inundated with criminals, but in fact is a criminal organization, a mafia and the Godfather of that mafia is Goldman Sachs.
The first thing I watch when the market opens is GS. The reason is simple. The banking index is 25% of the the DOW 30 and GS is the largest trading firm in the world. If Hank Paulson wants to bring the market up into the next election as he did the last he will use GS to do it. GS will buy their own stock to move up the BKX which in turn brings up the DOW. Most novice investors are taught that the DOW is the stock market. Notice how it is always listed DOW NASDAQ S&P500 in that order. With the DOW going up people start buying tech, etc and up goes the NASDAQ and finally the S&P500. It's like leading 1000 mule team. You only have to control the head of the lead mule. And when the Plunger Protection team wants to juice the market who better than GS to do it through? Maybe I would be a brilliant trader too if I had this kind of information? http://infowar.tribe.net/thread/bfb0acb6-3655-40a9-8d6e-e5ef435aafc0#f4b7f911-3c2c-48ad-8054-c6a54ce66c58
"The central issue, as best I can determine, is whether Goldman had any insight that other firms didn't have during the May and June period when subprime mortgage securities were deteriorating in value. "
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