Tuesday, October 18, 2011

Not Winning

Goldman just lost $428MM is their last quarter. Ouch. These lackeys never lose money by quarters end. That's not the real kicker though. The stock price is actually up. We must be in Bizarro world. Either that or the market already planned for there to be a loss. Perhaps the loss was not as bad as expected. I doubt it though. Nobody expects Goldman to post losing numbers. Is this a new trend?