May 3rd, 2010 by jwolinsky
I found a great article on http://advisorperspectives.com on Goldman Sachs and CDOs. The article also explains what CDOs are and what synthetic CDOs are. The author gives a fair and balanced view on what Goldman Sachs actually did, and whether it was illegal or not. I loved the article so much I asked for permission [...]
May 3rd, 2010 by jwolinsky
I previously posted a video of Warren Buffett defending Goldman Sachs. Charlie Munger also weighed in on the debate in an interview with Becky Quick on CNBC. In the interview with Becky Quick, Charlie Munger rips Richard Fuld of Lehman Brothers and says he is guilty “megalomania” and “isolation”. Charlie Munger also gives Goldman Sachs [...]
May 3rd, 2010 by jwolinsky
Unfortunately, I was not able to make it to the Berkshire Hathaway meeting in Omaha. However, I will be posting coverage of the event on Value Walk over the next few days. Please check back for updates from the meeting. Here is my first reporting from the event. CNBC’s Becky Quick talks to Berkshire-Hathaway CEO [...]
April 29th, 2010 by jwolinsky
Bill Ackman managing partner of Pershing Square Capital Management was on CNBC yesterday and talked about a variety of topics. Bill Ackman is the going to be a main charterer of the new book Confidence Game: How a Hedge Fund Manager Called Wall Street’s Bluff. The book, according to Amazon.com, tells “the story of Bill [...]
April 25th, 2010 by jwolinsky
A lot has been written about Goldman Sachs since the SEC allegations arose that Goldman Sachs committed fraud. Many facts regarding the cases are still unknown. Therefore, I do not want to dwell too much on the topic. However, I have a few important thoughts I wanted to add to the debate. Many people know [...]