This keeps getting curiouser and curiouser...Goldman has dropped from 160 to 100 in the last 5 days...giving it a trailing PE of 5.
If Morgan merges with Wachovia, Goldman is the last investment bank left. They can't do deals by themselves (with no other consortium). Wall Street as we know it can disappear and be thrown over to all the private equity firms.
This is wild...I am watching closely. Either the buying opportunity of a lifetime or D - E - D...
If Morgan merges with Wachovia, Goldman is the last investment bank left. They can't do deals by themselves (with no other consortium). Wall Street as we know it can disappear and be thrown over to all the private equity firms.
This is wild...I am watching closely. Either the buying opportunity of a lifetime or D - E - D...
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