After The Bell...Goldman to sell 2B in bonds

Get this they have FDIC backing the debt, how funny is that. Crooks have to get the FDIC to back there debt, things must really suck.

Hey Warren, you got screwed.


http://www.reuters.com/article/marketsNews/idINN2453079120081124?rpc=44

 

Will they carry a "D" rating?

 

Yipee, market will probably rally on the news tomorrow.

 

Question is: What are they going to do with the money?

No activity - very bearish

Purchase of banking assets with the full amount - bullish (eventually)

 

GS WILL post their first loss this QTR. They have massive write downs coming.

 

When will they be posting the Result,s
GS earnings

 

No one wants to pay debts any more especially those who owns a lot.

 

Wait till GDP number and Shiller comes out 8:30.

Then Paulson has to speak on the bailout and how it is going in the noon.

So, we will see how "Strong" this market is.

 

Will they be called Gold Bonds?

 

I wonder if there ace oil analyst still has a job, what a freakin moron that guy was!!!!