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Tuesday, April 20, 2010

phony vs real company

A phony company can not consistently answer hard questions. A real company can.

Enron, Worldcom and the like, all eventually collapsed because at a certain point too many questions could not be answered. The hard, consistent questions companies must answer are their down fall. The phony ones implode, the real ones just answer the questions.

Goldman keeps answering. No company involved in fraud would be able to withstand such scrutiny from sooooo many sources if their was actual fraud going on.

The fact that Goldman is still so strong while the scrutiny continues truly speaks to its strength and realness.

The critics must realize reality... eventually.

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