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Deus Ex Trumpina

posted by Mitu Gulati

Sometimes, a graph on Bloomberg says it all.

Wow, just wow.  There is no easy or ready mechanism to do this (of course).  But the statement just took a giant chunk out of a large set of portfolios.

HT: Darrell Miller 

Comments

I don't see this ultimately going anywhere. GS has too much power in every branch of the federal government. Watch this all get walked back soon, after GS has made a hefty profit off hidden shorts and counter bets.

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