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Goldman Sachs Shorting Wells Fargo, Mastercard, PNC and AIG

November 19th, 2009 by americanbankingnews.com Filed under Featured, Feeds, Free Republic, Politics.[2 views]
I learned a long time ago to not listen to what people say but watch what they do, and in the case of Goldman Sachs (NYSE:GS), their net shorting of Wells Fargo (NYSE:GS), Mastercard (NYSE: MA), PNC (NYSE: PNC) and AIG (NYSE: AIG) reveals they’re not buying into the assertion that we’ve started to enter a period of economic recovery; on the contrary, they’re betting against it. In their recent quarterly filing, which is called a 13F, Goldman asset managers revealed their largest positions in specific companies, and within those parameters, the largest short and long positions they have. That...

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