After reading reports and all data available it seems clear the G. S. downgrade was either to grab shares/shakeout or just attempt to favor short term shorts as the clear bottom was in on fundamentals and history. jmo We need an SEC and government larger thanks to corruption on W Street.
After shorting the bundled bad home loans and bankrolling endless harm like Keystone one can only wonder when our government will work for the American people. This downgrade seems one more time they get into our pockets and destroy honest markets. Naked Shorting, hit pieces/downgrades, flash trading, inside information etc. etc. And still no jail or SEC for individual investor.