When vampire squid and perma-bears unite

The greatest argument against buying high-yielding stocks with strong balance sheets may be that everyone recommends it – even Goldman Sachs

The greatest argument against buying high-yielding stocks with strong balance sheets may be that everyone recommends it – even Goldman Sachs

In what kind of chair should the CEO of Goldman Sachs sit? Before you answer, consider Matt Taibbi's famous description of the company:

Almost everyone loves to hate on Goldman Sachs, a.k.a the "Vampire Squid".

By Bret Jensen:Goldman Sachs (GS) is nothing if not a survivor. Not only has one of the primary villains of the financial crisis survived, it has thrived. The so called "Great Vampire Squid" came through the crisis with its dominance and clients intact.

Pater Tenebrarum submits: Matt Taibbi, Squid Hunter Matt Taibbi of Rolling Stone magazine has made a name for himself as a prominent populist critic of Wall Street, most especially criticizing what is today considered the preeminent Wall Street firm, Goldman Sachs (GS).

By Seeking Benny Frank:Some say investment banking is dead, others see growth and calmer, more profitable seas ahead. For now the financial sector can be a scary place to invest. One bad Spanish debt auction, or bad news about a US bank trading loss, can send financial stocks plummeting without remorse. A good example of the latter just happened on the 10th.

By Lalit Sharma:Goldman Sachs (GS) group manages over $100 billion in equities, primarily through its asset management subsidiary, Goldman Sachs Asset Management. The firm manages the Goldman Sachs series of funds apart from other series of mutual funds, and caters to individuals and institutions.