Goldman Reports: Good/Bad News
By George on Tue, 2008-09-16 13:42
(via valueplays.blogspot.com)
A look at the latest quarterly numbers for Goldman Sachs. "With the recent demise of Lehman (LEH) and the sale of Merrill Lynch (MER) to Bank of America (BAC) the fact Goldman is still very profitable is a feat in and of itself. With that being said, a 70% fall in profits is lousy in anyone's book no matter how you look at it."
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