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Subject:  Re: Intellectual indolence of those who attack S Date:  7/29/2009  2:35 PM
Author:  MrCheeryO Number:  300994 of 556987

....ANALYSTS were ubiquitous throughout every form of media talking up the price of oil while their trading division reaped a fortune at the expense of their fellow countrymen......Goldman analysts threw gasoline on the fire.... These “analysts” never proffered any due diligence with quantifiable numbers to support their suspiciously timed and arbitrary price targets for “$200 per barrel within a year”....

How many times can people claim to have been suckered by the fast talking city slickers? Analysts on circa 1999, those smooth talking National Association of Realtors types and the banks on that one-way sure-fire can't-miss investment, the ratings agencies with egregious and self-evident conflicts of interest, and now some GS analyst who obviously picked a number out of thin air, a nice round number, on a call that a 12 year old wouldn't find all that convincing, due diligence or not.

For some, maybe it's time to spend less time contemplating how Goldman Sachs, quote, "reaped a fortune at the expense of their fellow countrymen", unquote, and more time contemplating how his fellow countrymen are, apparently, so easily suckered time and again. If that really is the case.
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