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Goldman Sachs Posts Loss as Investment Banking Slides
Started:October 18th, 2011 (08:00 AM) by Quick Summary Views / Replies:430 / 2
Last Reply:October 18th, 2011 (07:27 PM) Attachments:0

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Goldman Sachs Posts Loss as Investment Banking Slides

Old October 18th, 2011, 08:00 AM   #1 (permalink)
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Goldman Sachs Posts Loss as Investment Banking Slides

Goldman Sachs posted a loss that was even worse than expected, off 84 cents a share on a 33 percent drop in investment banking revenue from a year ago.

More on CNBC...

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Old October 18th, 2011, 09:46 AM   #2 (permalink)
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Holy mother of all things unholy...

They lost $2.5B on prop trading...


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Old October 18th, 2011, 07:27 PM   #3 (permalink)
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so can some one tell me please if big banks they loose this much money where did that money went coz its not going to be burned it will go some where else so where eastern country or other banks as far as i know that most of the big banks they are loosing now money and just wondering where dose it go?


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