"Conflict of Interest" Alert. While Goldman Sachs Chief Equity Strategist Abby Joseph Cohen is telling investors to go with equities, Goldman, along with Wells Fargo and others are selling ("loading up"?) investors with $4 billion of mid-term bonds. In fact, Goldman and Wells are seizing the day as yields on highly rated corporate debt fell to record lows, and that Goldman, 5th largest U.S. bank, stands stands to make the biggest killing - at least 1 person was heard saying.  Goldman is issuing $2 billion of 3-year notes as soon as this week, while Wells is issuing $1.5 billion of 10-years notes.

Don't believe us?  Go to Behind The News and read, ["Goldman Says: We Will Avoid Another Recession."]

Compared with similar-maturity Treasuries, the shorter-term Goldman bonds may yield an extra 295 basis points, while the 10-year Wells bonds will offer a 130-basis point spread. So, good readers, do you think we have a 'Conflict of Interest' case vs. Goldman?  Let us know.  [Bloomberg, 4/30/12]