Fair and balanced, Goldman Sachs top brass are forgoing bonuses this year.This awesome piece of PR was counter- balanced today by the not so big secret they've been "naked" shorting everything in sight, including their own clients.
For example, they helped California sell municipal bonds, raking in their usual bounty, then turned around and told their other clients to short sell those same bonds, driving up borrowing costs in California. This may cause a CA bankruptcy. No biggie. . .
Thank you for your help.
I wonder how Arnold feels about this?
