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May 14, 2008
Thanks Cox for Helping Me
I hold stock in Goldman Sachs, an investment bank that despite not getting caught holding bad mortgages has been hammered in the stock market (dropping from a high of 210 to a low of 165 or so). Recently sanity has prevailed and the stock has been climbing (up to 195 or so), until Cox and the SEC decided to help me. Apparently I do not have enough information on the bank. So in my best interest, Cox announced more investment bank disclosure rules. My stock dropped immediately on his speech and has flat lined ever since. If asked he will still no doubt tell me I am better off somehow.
May 14, 2008 in Government and Busines | Permalink
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