Goldman Sachs to write-down US$3 BILLION!!! - GoFuckYourself.com

DateDoc · 03-16-2008, 06:21 PM

Goldman Sachs (NYSE: GS) will take a $3 billion write-down when its announces its quarterly results, according to the Telegraph. That will cut the firm's first quarter earnings by 50%.

http://www.247wallst.com/2008/03/goldman-sachs-g.html

This is just the beginning!

ninavain · 03-16-2008, 07:24 PM

oh shit look for another decline on Tuesday morn trades

L-Pink · 03-16-2008, 07:26 PM

Just four days ago Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble .... management needs investigated by the SEC and should face criminal charges and prison.

JPMorgan's acquisition of Bear Stearns represents roughly 1 percent of what the investment bank was worth just 16 days ago. It marked a 93.3 percent discount to Bear Stearns' market capitalization as of Friday, and roughly a 98.8 percent discount to its book value as of Feb. 29.

tony286 · 03-16-2008, 07:27 PM

scary shit

Domain Diva · 03-16-2008, 07:33 PM

get ready for a major meltdown it seems over the next few weeks.

I will guess the $ will be taking another hit too

03-16-2008, 06:21 PM	#1
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Goldman Sachs to write-down US$3 BILLION!!! Goldman Sachs (NYSE: GS) will take a $3 billion write-down when its announces its quarterly results, according to the Telegraph. That will cut the firm's first quarter earnings by 50%. http://www.247wallst.com/2008/03/goldman-sachs-g.html This is just the beginning! __________________

03-16-2008, 07:33 PM	#5
Domain Diva Too lazy to set a custom title Industry Role: Join Date: Oct 2007 Location: UK/USA/Canada ICQ : 494318698 Email:[email protected] Posts: 10,180	get ready for a major meltdown it seems over the next few weeks. I will guess the $ will be taking another hit too __________________ Cams-Tube-Dating Domains Available At Trade Prices ! Domains For Sale ICQ:494318698

03-16-2008, 07:24 PM	#2
ninavain So Fucking Banned Industry Role: Join Date: Jan 2004 Location: Las Vegas Posts: 6,268	oh shit look for another decline on Tuesday morn trades

03-16-2008, 07:26 PM	#3
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	Just four days ago Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble .... management needs investigated by the SEC and should face criminal charges and prison. JPMorgan's acquisition of Bear Stearns represents roughly 1 percent of what the investment bank was worth just 16 days ago. It marked a 93.3 percent discount to Bear Stearns' market capitalization as of Friday, and roughly a 98.8 percent discount to its book value as of Feb. 29.

03-16-2008, 07:27 PM	#4
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	scary shit