Monday, December 19, 2011

GS’s Take on Kim Jong-il’s Demise

From Zero Hedge:

Following the sudden and surprising death of North Korea's "Dear Leader", many are wondering what this means for risk, especially in the Pacific rim. In other words, was last night's selloff warranted? For what it's worth, here is Goldman's Goohoon Kwon with a take of how the institutional audience is trying to comfort itself that all shall be well, and that power vacuums are all inherently rational and perfectly predictable. Just ask Egypt. And Robespierre.

http://www.zerohedge.com/news/goldmans-take-kim-jonh-ils-demise

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