[lbo-talk] Timmy & Ben luv Goldman!

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Fri Aug 24 07:39:16 PDT 2012



> Coulda made more had they paid less than 100.

If only that was their mandate, instead of what they did which was stabilize the market.

Hell, *Goldman* could have made more money on this. But I guess that's my point: no one wanted to take the risk, so you need to have backstops against this kind of panic.

It's exactly the same thing that should be done with the worst parts of housing.

/jordan



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