Jun 17, 2008
Goldman sachs, the gold standard

Goldman sachs

Second-quarter net income declined to $2.09 billion, in the three months ended May 30 from $2.33 billion a year earlier, the New York-based company said in a statement on Business Wire 17th june 08.

Goldman shares were the only one of the world's 10 biggest investment banks to advance in 2007, when the company reported a fourth consecutive year of record profits.

while the rest of the gang reported record losses.. haha! At least its gd news for the market, if even goldman were to report losses the whole world should be worrying..

Morgan Stanley is scheduled to report earnings tomorrow. The average estimate of analysts surveyed by Bloomberg is for a 59 percent drop in net income.

i have a bad feeling about this.. anyways

Bought some..

Bio-treat at $0.265,   Avg price holding $0.28

 

Posted at 08:10 pm by kohsijie

 

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