IS GOLDMAN SACH AT RISK?

What is the luck of Goldman Sach or Morgan Stanley starting bankrupt?
Could we name dual or 3 factors which could stroke upon these banks?

{ 4 comments… read them below or add one }

Me F. April 20, 2010 at 10:44 pm

Sales ( are ppl still giving them thier hard earned money)
employment ( are they still hiring new ppl or laying them off to conserve)
Balance sheet ( are they taking in more $$$ then they are spending comparable to thier debts?)

No store is out of the red. Anything bigger than a Mom and Pop Store is watching thier back sides.

slice314 April 20, 2010 at 11:35 pm

Yes. The whole financial system is in the tubes… No company is safe. No bank is safe. The FDIC which insures peoples bank deposits only has enough cash to bail out less than 1/3rd of the country’s insured deposits. If you care about the future, you need to make sure more responsible political leaders are elected. See the link below for details on how this situation got out of hand.. It wasn’t because of Obama or McCain, or low-income loans to dark-skinned people. It was because of Senator Phil Gramm and the Gramm-Leach-Bliley Act of 1999 which allowed the banks and financial institutions to gamble with money they didn’t have. Look into that bill and you’ll see which people you want to make sure don’t have too much influence in government if you care anything about the financial future.

JohnGalt April 21, 2010 at 12:27 am

If Goldman Sachs goes under, the USA itself will probably be at risk. MS almost as tied in.

brad April 21, 2010 at 1:08 am

I don’t see bankruptcy. maybe more huge writedowns. i own both. And am down on both. Down large on ms. Gs is the best bet of any in that sector. just don’t know if now is the right time for ya though.

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