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To: sergeantdave

I think Goldman Sachs will be okay. Goldman may be the last ibank left.


49 posted on 09/17/2008 4:29:54 PM PDT by Boardwalk
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To: Boardwalk

GS was making a ton of money in the sort of real estate loans that have now vanished for good. They just did it at arms length. They will need some new source to replace that stream of income. IBs may be a model whose time has passed.


59 posted on 09/17/2008 8:38:03 PM PDT by Pelham ("Borders? We don' need no stinking borders!!")
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