Hey, 'unit,
GWR has taught us a lot, no question. And today, one of his favorite reprises over the years is ringing or so true - the most dangerous terrorists are on Wall Street!! I really would like to see GS taken down many pegs, but who knows what that might mean for the market - another crisis in confidence is not at all what we need.
What's just a little surprising, and I really do mean just a little, is that this crap about GS betting (directly or indirectly) against the CDO market has been out there for months, but today, the SEC gets formal about it, and we're all in flames.
It's also an excuse for those who have wanted to sell to sell, being loathe to sell heretofore based on the mostly good news over the past several weeks and months regarding the recovery, as supported by good earnings reports.
I'm sure GS has about a billion or so in earnings that it wish it didn't have right about now.
Mining? Man, that's simple stuff, 'unit, you just dig down on some property that you hopefully have a claim on, find some shiny stuff, yank it out of the ground, cart it to the "refinery," and sell it! Learned all there is to know about it in a couple of weeks!! LOL