Description:Â When it comes to laying the blame on Goldman Sachs, Wealth Adviser columnist James Altucher says, “not so fast.” Nevertheless, he tells investors to stay away from buying the stock until the flames cool down.
Source:Â Marketwatch.com â€“ video report
Questions for discussion:
- So, in your opinion, did Goldman do anything wrong?
- Summarize the arguments presented that mitigate the threat to Goldman management and stock value.
- How should management be expected to respond to the situation?
- What would you recommend to investors looking at Goldman and other firms dealing with these financial instruments that are the center of the controversy?