Comments on: How Goldman Sachs protects itself from a hundred-year storm http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: traducator daneza romana http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/comment-page-1/#comment-53527 Mon, 29 Sep 2014 13:57:34 +0000 https://blogs.reuters.com/felix-salmon/?p=19254#comment-53527 I carry on listening to the rumor talk about getting free online grant applications so I have been looking around for the most excellent site to get one. Could you tell me please, where could i find some?

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By: fut 15 coins http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/comment-page-1/#comment-52455 Thu, 25 Sep 2014 19:04:23 +0000 https://blogs.reuters.com/felix-salmon/?p=19254#comment-52455 Somebody essentially assist to make significantly articles I would state. That is the first time I frequented your web page and to this point? I surprised with the research you made to create this particular submit amazing. Fantastic task!

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By: Moopheus http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/comment-page-1/#comment-44324 Wed, 31 Oct 2012 17:59:29 +0000 https://blogs.reuters.com/felix-salmon/?p=19254#comment-44324 “A brief history of Manhattan skyscrapers: they were first built in Lower Manhattan, at the highest possible points around there…all of them are on or near Broadway, which runs up the highest part of Lower Manhattan,”

It’s also where the most solid bedrock is. Don’t forget that the edges of Manhattan (and most of our coastal cities, for that matter) are mainly landfill. At the time the Woolworth was built, it would have been way too hard to put it on landfill. But, just as in places like Las Vegas and New Orleans, engineers figured out how to support taller buildings in softer ground.

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By: ComradeAnon http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/comment-page-1/#comment-44306 Tue, 30 Oct 2012 14:00:14 +0000 https://blogs.reuters.com/felix-salmon/?p=19254#comment-44306 Auros-thanks for the link. I was aware of that but had not read about it in great detail. Unfortunately, I don’t have much confidence that the same problem happening today would involve as much sacrifice.

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By: spectre855 http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/comment-page-1/#comment-44305 Tue, 30 Oct 2012 13:04:40 +0000 https://blogs.reuters.com/felix-salmon/?p=19254#comment-44305 Those bags are actually stuffed with hundred dollar bills. It’s Goldman’s new take on the “fortress balance sheet”.

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By: Sword61 http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/comment-page-1/#comment-44304 Tue, 30 Oct 2012 11:47:07 +0000 https://blogs.reuters.com/felix-salmon/?p=19254#comment-44304 Plenty of temporary liquidity coming their way. Squids like that!!

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By: dsquared http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/comment-page-1/#comment-44301 Tue, 30 Oct 2012 06:57:56 +0000 https://blogs.reuters.com/felix-salmon/?p=19254#comment-44301 sorry, commentus interruptus. Just going to point out that under the “did the trick” old regulations we had the S&L crisis, the LDC debt crisis, the oil patch lending boom, Continental Illinois and two or three commercial real estate crises.

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By: dsquared http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/comment-page-1/#comment-44300 Tue, 30 Oct 2012 06:54:54 +0000 https://blogs.reuters.com/felix-salmon/?p=19254#comment-44300 >>dumb regulations like Glass-Steagal and Basel I, which weren’t very sophisticated, but which generally did the trick<<

apart from the S&L crisis, the LDC debt crisis, the commercial real estate crisis …

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By: KenG_CA http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/comment-page-1/#comment-44299 Tue, 30 Oct 2012 02:14:40 +0000 https://blogs.reuters.com/felix-salmon/?p=19254#comment-44299 Goldman is just doing what they can to be avoid having to be literally bailed out.

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By: Auros http://blogs.reuters.com/felix-salmon/2012/10/29/how-goldman-sachs-protects-itself-from-a-hundred-year-storm/comment-page-1/#comment-44297 Mon, 29 Oct 2012 22:36:11 +0000 https://blogs.reuters.com/felix-salmon/?p=19254#comment-44297 If we’re talking about clever models failing, it’s worth remembering the Citicorp Center story…

http://www.duke.edu/~hpgavin/ce131/citic orp1.htm

Sometimes the incentives of the people designing a complex system are skewed such that a _little_ information gets lost at each step, and eventually you end up with a building, hundreds of feet tall, that has the wrong kind of joints in its critical structural support.

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