Goldman Sachs in Talks to Acquire Treasury Department

vraa · 07-18-2009, 03:33 PM

Quote:

In what some on Wall Street are calling the biggest blockbuster deal in the history of the financial sector, Goldman Sachs confirmed today that it was in talks to acquire the U.S. Department of the Treasury.

Goldman Sachs (NYSE: GS) closed the day unchanged at $156.84 per share, with analysts already pricing in the takeover potential. An analyst for Goldman Sachs upgraded Goldman Sachs to compulsory buy from strong buy, and also raised their price target to $∞/share.

According to Goldman spokesperson Jonathan Hestron, the merger between Goldman and the Treasury Department is “a good fit” because “they’re in the business of printing money and so are we.”

The Goldman spokesman said that the merger would create efficiencies for both entities: “We already have so many employees and so much money flowing back and forth, this would just streamline things.”

Mr. Hestron said the only challenge facing Goldman in completing the merger “is trying to figure out which parts of the Treasury Dept. we don’t already own.”

Goldman recently celebrated record earnings by roasting a suckling pig over a bonfire of hundred-dollar bills.

To remove this ad, register today or login if you already are registered!

M1M2M3 · 07-18-2009, 03:52 PM

didn't this deal go through months ago?

edit: years ago.

Cylinder Head · 07-18-2009, 05:12 PM

I was under the impression that GS had bought up all of the Treasury's stock in the form of Senators, Congressmen and of course Hank Paulson years ago.

vraa · 07-28-2009, 11:26 AM

Quote:

Originally Posted by Cylinder Head

I was under the impression that GS had bought up all of the Treasury's stock in the form of Senators, Congressmen and of course Hank Paulson years ago.

You're not too far off

http://bloomberg.com/apps/news?pid=2...d=a2X3hNaWcbeg

Quote:

Rumor No. 1: “Goldman Sachs controls the U.S. government.”

Every time we hear the phrase “the United States of Goldman Sachs” we shake our heads in wonder. Every ninth-grader knows that the U.S. government consists of three branches. Goldman owns just one of these outright; the second we simply rent, and the third we have no interest in at all. (Note there isn’t a single former Goldman employee on the Supreme Court.)

BENZITCH · 07-28-2009, 12:03 PM

Quote:

Originally Posted by vraa

You're not too far off

http://bloomberg.com/apps/news?pid=2...d=a2X3hNaWcbeg

Goldman and Sachs

Just 2 nice Irish boys!

benz rider · 07-28-2009, 12:23 PM

this doesn't surprise me. GS and the FED have been in bed with each other for years. the FED sacks the economy and hands some of it's control to GS.

now, let's see what goodies JP Morgan Chase can get out of this since they are in bed with the FED too.

the race to Socialism is in full stride now.

starbrite · 08-10-2009, 06:15 PM

What are we supposed to see in that link...it's just mostly blank with jad.blog at the top ??

hkmb · 08-10-2009, 07:45 PM

Quote:

Originally Posted by benz rider

this doesn't surprise me. GS and the FED have been in bed with each other for years. the FED sacks the economy and hands some of it's control to GS.

now, let's see what goodies JP Morgan Chase can get out of this since they are in bed with the FED too.

the race to Socialism is in full stride now.

Oh no!

He believes it, doesn't he?

Not only does he believe it's true, but he thinks the privatisation of the Treasury would would be part of "the race to Socialism".

This is funny.

benz rider · 08-10-2009, 08:23 PM

Once Goldman Sachs buys the Tresury, that's it. the end of America as we know. so go ahead and splurge on things you want to experience now, because after this event, the dollar will be worth schit and the horror will come.

-------------------

order your Obama "Socialism" t-shirt.

Nola · 08-11-2009, 07:22 AM

Quote:

Originally Posted by benz rider

Once Goldman Sachs buys the Tresury, that's it. the end of America as we know. so go ahead and splurge on things you want to experience now, because after this event, the dollar will be worth schit and the horror will come.

Calm down. It is not true. GS is NOT acquiring the treasury. It is just a joke. Calm down.

BENZITCH · 08-11-2009, 11:03 AM

Those 2 Irish Guys.

That Patty Goldman, and Timothy O' Sachs,

Those 2 always mess around after a few pints!

Just muckin with Obama as I see them.

07-18-2009, 03:52 PM	#2
M1M2M3 MBWorld Fanatic! Join Date: May 2005 Location: NY Posts: 1,122 Drives: haven't touched a wheel in a while	didn't this deal go through months ago? edit: years ago. __________________ When someone shows you who they are, believe them. "If women didn't exist all the money in the world would have no meaning" -A. Onassis Last edited by M1M2M3; 07-18-2009 at 07:44 PM.

07-18-2009, 05:12 PM	#3
Cylinder Head MBWorld Fanatic! Join Date: Jul 2006 Location: NJ Posts: 4,641 Drives: '06 M5 LOADED, '97 RSP Supra- 790rwhp on pump, '05 Escalade EXT	I was under the impression that GS had bought up all of the Treasury's stock in the form of Senators, Congressmen and of course Hank Paulson years ago. __________________ '07 Barbie Scooter '06 M5 '97 RSP Supra GT76DBB Glock: Austrian for "Lemming" Strong people are harder to kill than weak people, and generally more useful.

07-28-2009, 12:23 PM	#6
benz rider Member Join Date: May 2006 Posts: 231	this doesn't surprise me. GS and the FED have been in bed with each other for years. the FED sacks the economy and hands some of it's control to GS. now, let's see what goodies JP Morgan Chase can get out of this since they are in bed with the FED too. the race to Socialism is in full stride now. __________________ Bread and Circus

08-10-2009, 06:15 PM	#7
starbrite MBWorld Fanatic! Join Date: Jul 2006 Location: Long Island, NY Posts: 1,030 Drives: 2004 E320	What are we supposed to see in that link...it's just mostly blank with jad.blog at the top ?? __________________ 2004 E320 4Matic, Tectite, Pano roof, keyless go, Navi, appearance package

08-10-2009, 08:23 PM	#9
benz rider Member Join Date: May 2006 Posts: 231	Once Goldman Sachs buys the Tresury, that's it. the end of America as we know. so go ahead and splurge on things you want to experience now, because after this event, the dollar will be worth schit and the horror will come. ------------------- order your Obama "Socialism" t-shirt. __________________ Bread and Circus

08-11-2009, 11:03 AM	#11
BENZITCH Super Member Join Date: Aug 2005 Location: Mercerville New Jersey Posts: 725 Drives: 1991 560SEC Teal 1989 420SEL Ice Blue 1984 500SEC White	Those 2 Irish Guys. That Patty Goldman, and Timothy O' Sachs, Those 2 always mess around after a few pints! Just muckin with Obama as I see them.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes	Rate This Thread
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode	Rate This Thread: