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Market Overview

Zings Of The Day July 22, 2011

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Goldman Sachs Group Inc. (NYSE: GS) won a case that accused it of hoodwinking investors on mortgage securities that were sold during the buildup to the financial crisis. Government Sachs strikes again.

Fitch Ratings said today it put a "restricted default" on Greece as a part of its bailout package. Can I have a restricted default rating so I don't have to pay my bills either? K. Thanks.

House Speaker John Boehner (R-OH) said he and the White House are “not close to an agreement” on raising the U.S. debt ceiling. He is close with the White House however on what smokes to have during the meetings. Marlboro Reds baby.

 

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Posted-In: Fitch Ratings Goldman SachsNews Bonds Movers & Shakers Politics Legal Markets

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