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Goldman Sachs in Japan: Don't Worry, Be Happy

by Abby Zimet

With radiation levels in Japan soaring, the enlightened executives at Goldman Sachs have made their priorities clear to employees inexplicably worried about nuclear plants exploding around them. Stay put, they say, or it will look bad for business. Meanwhile, Sachs analysts have cut growth forecasts for Japan and see "limited near-term upside from current market levels" for copper and other metals. What planet do these people inhabit, and can we move it further away from Earth?

 

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