Monday, June 1, 2009

TARP Repayment

Old Goldman Slacks wants to pay back the TARP money they got from the government. Good for them. I saw some hesitancy on the United States government's part in accepting the repayment. WTF? Take the money and run.

However Goldman wants to also eliminate the warrants that the government has on them. Now this is something that may be worth something to the government and taxpayers in the future. Goldman got the loan when it was in trouble. Now they need to truly pay us back. When I say us, I mean the taxpayers of America.

There is no doubt that Goldman Slacks now wants to get the government off its back in terms of executive pay and bonuses. This is true greed at its finest. I say let them pay back the TARP. The company is looking stable. Over the last 6 months, their stock price has doubled in value.

Tuesday, April 14, 2009

Now It Begins

I heard it from the grapevine that Goldman Sachs was trying to get the Goldman Sachs 666 site shut down. Isn't that s hoot? The company does not like a site whose domain name infers a connection with the devil. To tell the truth, I tried to register a Blogger address with a similar name. The name was already taken. The bastards. It just redirected to the Goldman Sachs 666 web site.

Well I decided to form the Goldman Slacks blog then. I did not coin this term. I think I first read this description on a Yahoo stock message board. It was on a board that actually discussed some other company. Perhaps it was Freddie Mac or Fannie Mae. That matters not. What does matter is that somebody else was unhappy enough about Goldman Sachs that they made another nickname for them which was derogatory.

If you are affiliated with the Goldman Sachs 666 site, or you are the guy who coined the terms Goldman Slacks, drop me a line. If you work for the real Goldman Sachs company, drop me a line. And if you just want to talk about Goldman, post a comment here for all to see.