Goldman said it was putting together a fund of $50 BILLION to play alongside/compete with the Paulson/Cantor plan.
They know the Treasury is going to make money on this.
I expect all of the other money managers to assemble similar funds. Maybe even raise a ETF.
BTW, I have been bugging my broker for over a year as to how to play in the .15/1.00 market.
“BTW, I have been bugging my broker for over a year as to how to play in the .15/1.00 market.”
What do you mean by “.15/1.00 market”?