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Thursday, April 30, 2009

Crudele: Questions About Goldman Sachs Role in Market

by John Crudele New York Post

April 28, 2009

SOMETHING smells fishy in the market. And the aroma seems to be coming from Goldman Sachs. As you probably already know, stock prices have been roaring for seven weeks.

This has created a historic rally despite the fact that the economy continues to be in serious trouble, banks are still wheezing under the heavy load of bad assets, workers are being laid off each month by the hundreds of thousands and nobody seems to have answers to our problems...

...But can you trust what the stock market is now doing any more than the rally last summer that ended badly or the one last December that ended horribly?

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