Posted tagged ‘Contrarian’

Contrarian View: Goldman

September 17, 2008

Goldman could be screwed? Surely I jest. Well, I would suggest that if Goldman thinks it can survive, it could wind up being the next firm to refuse to sell at the levels being offered. Also, who is left to acquire Goldman? Clearly a second-tier of potential acquirers with big balance sheets. Maybe private equity? HA! Imagine P.E. firms swooping in to take Goldman private. Amazing irony… Perhaps a sovereign wealth fund will swoop in.

Interesting thought: Could Goldman Sachs Capital Partners take Goldman Sachs private? Goldman Sachs has a market cap of about $45 billion right now… probably not, but with some trickery, who knows? A few more days like today, and the answer will be yes!