With the news of Goldman Sachs hitting the market it was only a matter of time before someone went to the gentlemen with the bow-tie to ask Jim Rogers what he thinks about the whole fiasco. In a recent interview with CNBC, Jim Rogers replied by saying the markets are due for a correction, and almost anything could be a catalyst for that happening, such as the recent charge of fraud by the SEC toward Goldman Sachs (GS). He also said some of the bank stocks are ripe to be hammered, as a number of them have been driven up for no discernible reason.
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April 21, 2010
Interviews