How to ‘lose’ your country with Goldman Sachs:
– Mitt Romney IS Goldman Sachs! … and so is Obama.
– How To Lose All Your Money With Goldman Sachs (ZeroHedge, May 30, 2012):
It seems the Muppets have been well-and-truly Oscar’d this time. Combining Goldman’s once-in-a-lifetime equity buying opportunity position recommendation with their short Treasuries trade has produced an astoundingly un-positive return of -29% in just 48 days (based on SPY (stocks) and TBT (ultra-short TSYs given duration and beta). Extrapolated using the only tool that counts (Birinyi’s famous ruler) this means your account is Corzined by Thanksgiving – happy holidays.
Percentage performance of the Goldman ‘once-in-a-lifetime’ trade recommendation from 3/21…