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Goldman: One Tough Opponent
2010/04/19 11:47:15瀏覽390|回應2|推薦0

President Obama's Securities and Exchange Commission knocked more than $12 billion off Goldman Sachs'(GS) market cap on Friday with its complaint alleging fraud. The firm's lawyers aren't laughing and they may have a case.

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Stephanie Link, director of research for Jim Cramer's Action Alerts PLUS Portfolio, breaks down what the SEC's fraud charges mean for Goldman and offers some other stocks to consider after the news.
Fri 04/16/10 12:16 PM EST -- Stephanie Link & Alix Steel

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WhiteWood
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The government's case against Goldman is weak. at best
2010/04/19 12:13

-- Cramer said that while he's been pro-prosecution in his career for years, based on what he's seen so far, the government's case against Goldman is weak. at best.

-- Cramer said he's all in favor of financial reforms, and he likes a vigilant prosecution, but not an over-zealous one. He said at first glance Goldman appears to be arrogant, and arrogance is not illegal.

-- Cramer's 'Mad Money' Recap: Corporate Profits Rule

   04/16/2010 - 07:26 PM EDT


WhiteWood
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Goldman is known on Wall Street for being "long-term greedy"
2010/04/19 12:05
"When you pick a fight with Goldman, Mr. President, you had better hope you came prepared."