Comments on: Goldman Madness Has Infected Stocks http://www.rickackerman.com/2009/04/goldman-madness-has-infected-stocks/ Trading Newsletter for Gold, Silver, Stocks and Mini Indexes Mon, 13 Feb 2012 11:15:09 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: John http://www.rickackerman.com/2009/04/goldman-madness-has-infected-stocks/comment-page-1/#comment-838 John Tue, 14 Apr 2009 11:45:26 +0000 http://www.rickackerman.com/?p=5200#comment-838 Rejoice US Taxpayers!!!! >>From The Business Insider: Goldman Sachs set aside $4.7 billion for salaries and bonuses last quarter, after taking in a profit of $1.7 billion. That means Goldman’s employees stand to profit far more than its shareholders from this quarter’s outperformance. The $4.7 billion in compensation is 50% of Goldman’s total revenues for the quarter. The first quarter of last year, compensation ate up just 48% of Goldman’s revenues. As Heidi Moore at the Wall Street Journal reports, Goldman’s rising compensation comes despite the fact that the firms has cut its headcount by 7% since the end of last year. That means that the remaining employees are each taking an even bigger slice of the pie. The size of that compensation set aside will likely annoy current shareholders. After all, it is almost as large as the public offering Goldman is proposing to help it pay back TARP. If Goldman hadn't been so eager to set aside so much revenue to pay its employees, the current shareholders would not need to be diluted as much to pay off the TARP. One way of looking at it is that the execs at Goldman are basically using the planned offering as a way of paying a special dividend directly into their own pockets.<< Hey, I'd go to a tea party Wednesday, but they haven't installed a high speed train in the Harrisonburg VA area to take me there yet. Surely I do not want to waste any of my precious diesel fuel as I wait for my US Govt. subsidized lithium battery conversion kit. I love Obottoma!!! Rejoice US Taxpayers!!!!

>>From The Business Insider: Goldman Sachs set aside $4.7 billion
for salaries and bonuses last quarter, after taking in a profit of $1.7 billion.
That means Goldman’s employees stand to profit far more than its
shareholders from this quarter’s outperformance.
The $4.7 billion in compensation is 50% of Goldman’s total revenues
for the quarter. The first quarter of last year, compensation ate up
just 48% of Goldman’s revenues. As Heidi Moore at the Wall Street Journal reports,
Goldman’s rising compensation comes despite the fact that the firms
has cut its headcount by 7% since the end of last year.
That means that the remaining employees are each taking an even bigger slice of the pie.
The size of that compensation set aside will likely annoy current shareholders.
After all, it is almost as large as the public offering Goldman is proposing to
help it pay back TARP. If Goldman hadn’t been so eager to set aside so
much revenue to pay its employees, the current shareholders would not
need to be diluted as much to pay off the TARP. One way of looking
at it is that the execs at Goldman are basically using the planned offering
as a way of paying a special dividend directly into their own pockets.<<

Hey, I’d go to a tea party Wednesday, but they haven’t installed a high speed train in the Harrisonburg VA area to take me there yet. Surely I do not want to waste any of my precious diesel fuel as I wait for my US Govt. subsidized lithium battery conversion kit. I love Obottoma!!!

]]> By: Al http://www.rickackerman.com/2009/04/goldman-madness-has-infected-stocks/comment-page-1/#comment-835 Al Tue, 14 Apr 2009 04:19:59 +0000 http://www.rickackerman.com/?p=5200#comment-835 SCAM !!! Sit back and relax...5,500-3,500 on YM, 550-350 on ES...I could go on about other numbers ... assured in the next 6 months. CAD in long term bull..best currency in next 7 years...AUD second best......wait for gold and silver to go lower and fall along with YM and ES falling. One short makes sense, the other is just a short squeeze... Al Waaleed....since you doubled down on Citi and now have lost close to 12-18 billion dollars....want to take some advice for ........hmm $4 million ONLY !! Maybe I should charge Sandy Weil wages for a year....$ 1 Billion in 1994.... Hey I'm worth it...much more than Weil that &^%**(())) SCAM !!!

Sit back and relax…5,500-3,500 on YM, 550-350 on ES…I could go on about other numbers … assured in the next 6 months.

CAD in long term bull..best currency in next 7 years…AUD second best……wait for gold and silver to go lower and fall along with YM and ES falling. One short makes sense, the other is just a short squeeze…

Al Waaleed….since you doubled down on Citi and now have lost close to 12-18 billion dollars….want to take some advice for ……..hmm $4 million ONLY !!

Maybe I should charge Sandy Weil wages for a year….$ 1 Billion in 1994….

Hey I’m worth it…much more than Weil that &^%**(()))

]]> By: Occdude http://www.rickackerman.com/2009/04/goldman-madness-has-infected-stocks/comment-page-1/#comment-834 Occdude Tue, 14 Apr 2009 03:03:01 +0000 http://www.rickackerman.com/?p=5200#comment-834 Watch out for GS Rick, they're protected by "dark forces on high". They say excuse me to Obama every time they reach for their wallet. JPM is the only other connected banker to the degree GS is. Also, this rally is no joke, it may be a joke in literal terms but technically, intemediately speaking this bull has more horns than my ex-wife. Don't get goared! Kick back and watch Rick due his hula in times square folks hopefully during the coldest day of the year ;). %%%%% <em>A double-edged sword, that connectedness: It will turn to guilt by association the day the U.S. Treasury fails.</em> <strong>RA</strong> Watch out for GS Rick, they’re protected by “dark forces on high”. They say excuse me to Obama every time they reach for their wallet. JPM is the only other connected banker to the degree GS is. Also, this rally is no joke, it may be a joke in literal terms but technically, intemediately speaking this bull has more horns than my ex-wife. Don’t get goared! Kick back and watch Rick due his hula in times square folks hopefully during the coldest day of the year ;) .

%%%%%

A double-edged sword, that connectedness: It will turn to guilt by association the day the U.S. Treasury fails. RA

]]> By: TKO http://www.rickackerman.com/2009/04/goldman-madness-has-infected-stocks/comment-page-1/#comment-833 TKO Tue, 14 Apr 2009 02:02:38 +0000 http://www.rickackerman.com/?p=5200#comment-833 The scene on Wall Street circa 2010 might not include the gentleman in the baggy pants doing his jaunty jig, but perhaps one Rick Ackerman will be present provocatively shaking his hula skirt. &&&& <em>If that's the kind of thing that you find provocative, TK, I may have to bring along Bruno, my bodyguard.</em> <strong>RA </strong> The scene on Wall Street circa 2010 might not include the gentleman in the baggy pants doing his jaunty jig, but perhaps one Rick Ackerman will be present provocatively shaking his hula skirt.

&&&&

If that’s the kind of thing that you find provocative, TK, I may have to bring along Bruno, my bodyguard. RA

]]> By: Edwardo http://www.rickackerman.com/2009/04/goldman-madness-has-infected-stocks/comment-page-1/#comment-832 Edwardo Tue, 14 Apr 2009 00:56:34 +0000 http://www.rickackerman.com/?p=5200#comment-832 In answer to the following question, "How long before the shred of remaining credibility Wall Street clings to is destroyed?" I say, not soon enough. In answer to the following question, “How long before the shred of remaining credibility Wall Street clings to is destroyed?” I say, not soon enough.

]]> By: shawn http://www.rickackerman.com/2009/04/goldman-madness-has-infected-stocks/comment-page-1/#comment-831 shawn Tue, 14 Apr 2009 00:35:37 +0000 http://www.rickackerman.com/?p=5200#comment-831 How could anyone be hoodwinked again after we just witnessed the greatest scam since trading multi-colored beads-for-land? Pay back TARP, right? How about selling the public the top, again. How long before the shred of remaining credibility Wall Street clings to is destroyed? How could anyone be hoodwinked again after we just witnessed the greatest scam since trading multi-colored beads-for-land? Pay back TARP, right? How about selling the public the top, again. How long before the shred of remaining credibility Wall Street clings to is destroyed?

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