Hey world, are you sure Scott Boras is a moron?

If you want to make yourself look like a nut, claim to see something that nobody else sees. Notwithstanding that little bit of information, buried in a story about how Goldman Sachs avoided getting burned in the mortgage crisis was this paragraph:

Meanwhile, two Goldman managing directors acted as liaisons, helping bring Alex Rodriguez back to the New York Yankees baseball team, a classic Goldman deal that enhances the value of the firm’s 40 percent stake in the YES network - which it is trying to sell - while also pleasing Yankee fans. The symmetry was perfect: like the Yankees, Goldman, more than any other bank on Wall Street, is both hated and revered.

So now you tell me: did A-Rod approach people at Goldman Sachs on the advice of Warren Buffet? Or is it more likely that Goldman Sachs approached him, with an assist from Warren Buffet? Or asked A-Rod to give Warren Buffet a call.

I have a feeling that ARod may be making $30MM a year after all, with a little help from friends that aren’t the Yankees. Scott Boras is no dummy. He knows how important the sale of YES is to more than just the Yankees. 

Posted by Ugarte
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