tag:blogger.com,1999:blog-4863014635257598503.post2018989031716718381..comments2024-02-27T22:18:53.706-05:00Comments on Zero Hedge: Goldman Releases Earnings Early, To Raise $5 BillionTyler Durdenhttp://www.blogger.com/profile/00165439451205639523noreply@blogger.comBlogger34125tag:blogger.com,1999:blog-4863014635257598503.post-18109196065622593962009-04-17T18:23:00.000-04:002009-04-17T18:23:00.000-04:00Why hasn't one person noticed the connection with ...Why hasn't one person noticed the connection with Goldman announcing its numbers early,which they never do. It is clear that the false rumor of share dilution which tanked the stock, originated with Goldman traders, allowing the CEO to make a sudden change. It was patently obvious that Goldman traders profited hugely from this felony!This is an act of outright thievery. To suddenly change the release date of a scheduled earnings report should be a serious matter reported upon in blogs and the media. With this outrageous and transparent criminal act, it is time for people to go to jail at Goldman Sachs!d14947https://www.blogger.com/profile/03081648834935912511noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-42761584648785143222009-04-14T08:03:00.000-04:002009-04-14T08:03:00.000-04:00FICC made $6.6 net, add back $1.8bln in write down...FICC made $6.6 net, add back $1.8bln in write downs that is $8.4 bln net. VAR for FICC was around $300mm which means they would have to made money at their VAR for 28 of the 60 odd trading days and scratched on the other days...kushymanoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-19553235633455179432009-04-14T02:42:00.000-04:002009-04-14T02:42:00.000-04:00(love it.)
This isn't 'nam. There are rules!(love it.)<br /><br />This isn't 'nam. There are <I>rules</I>!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-70919581851976297872009-04-14T01:28:00.000-04:002009-04-14T01:28:00.000-04:00I love Goldman's reported 2008 tax rate: "approxim...I love Goldman's reported 2008 tax rate: "approximately 1%". (page 3 of their report). Is the US taxpayer this dumb?Quantum Bearhttps://www.blogger.com/profile/18096330792420114311noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-10792897707351503172009-04-14T01:21:00.000-04:002009-04-14T01:21:00.000-04:00"Also, did Goldman just report a 4 month quarter p..."Also, did Goldman just report a 4 month quarter period?"<br /><br />go to page 10 of the document you cut and pasted from to find the dec. month data.<br /><br />the dec. month data was also disclosed in the 10-k so its not new information. but this is, yet again, the negativity blogsphere spinning things to sound worse than they really are...for the sake of generating traffic.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-25122536640589396472009-04-14T00:56:00.000-04:002009-04-14T00:56:00.000-04:00and btw, regurgitating and spinning stats to fit t...and btw, regurgitating and spinning stats to fit the mold of some permanently negative bias is an awful way of determining value. that's why negativity blogs are worthless. extrapolating negativity into perpetuity is a great way to get your head handed to you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-26295071071554685362009-04-14T00:53:00.000-04:002009-04-14T00:53:00.000-04:00these account statements are not showing much of t...these account statements are not showing much of the assets at level 3 (92 billion usd) level 2 ?<br />If one wants to invest on this pro forma good luck<br />For the interest rates leverage see the OOCC report 5 billion usd will not helpAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-75777221940294370252009-04-14T00:52:00.000-04:002009-04-14T00:52:00.000-04:00zero hedge and the "negativity blog bubble" are on...zero hedge and the "negativity blog bubble" are on their way out.<br /><br />two months ago blogs like this were trumping up any and every statistic as if it were, literally, the deathknell for the entire industry. <br /><br />just goes to show...the negativity blogsphere will do nothing but tell you things you want to hear...but don't expect to make money doing that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-53732141447248034652009-04-13T23:55:00.000-04:002009-04-13T23:55:00.000-04:00Is it normal for them to underwrite themselves?
H...Is it normal for them to underwrite themselves?<br /><br />How bad is the impact of dilluting the shares to another $5B offering, when more than half is owned (70%?) by the institution?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-62970826255709759172009-04-13T22:54:00.000-04:002009-04-13T22:54:00.000-04:00Financial innovations in every chance you got in G...Financial innovations in every chance you got in Goldman Sachs. That really sucks!<br /><br />Change of accounting reporting period results in a quarter with 4 months, then goldman sachs shall reporting it accordingly. Now how can one compare the one month (December 2008) results with any other information? the loss of December 2008 which was equivalent to 3/4 of the 3 months reported earnings was vaporized from the crime scene? What a financial innovationn of manipulation and misinformation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-20553214118273515562009-04-13T21:43:00.000-04:002009-04-13T21:43:00.000-04:00What was the consensus estimate for the December s...What was the consensus estimate for the December stub? Since that wasn't previously announced, I assume there was an estimate?<br /><br />Can't wait to read the analyst reports on this one.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-38269349882218582372009-04-13T19:14:00.000-04:002009-04-13T19:14:00.000-04:00so the street is basing their $1.64 est. off the J...so the street is basing their $1.64 est. off the Jan-Mar? or the 4-month stub? thanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-76203793060827097382009-04-13T18:52:00.000-04:002009-04-13T18:52:00.000-04:00Look carefully at the release. It was still a 3-m...Look carefully at the release. It was still a 3-month quarter (Jan-Mar), and then December was a separate 1-month period.<br /><br />http://www2.goldmansachs.com/our-firm/press/press-releases/current/pdfs/2009-q1-earnings.pdf<br /><br />They reported +$3.39 for Jan to Mar, -$2.15 for Dec for a total of $1.24!<br /><br />"The company said it earned $1.81 billion, or $3.39 a share, in the first quarter"<br /><br />"December Loss<br /><br />The company, which changed its fiscal year to end in December instead of November, also reported results for the month of December today. They showed the bank lost $780 million, or $2.15 per share, as losses in fixed-income trading and principal investments overwhelmed revenue from other units.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-34148553445356322382009-04-13T18:42:00.000-04:002009-04-13T18:42:00.000-04:00Somehow they managed to earn more NOW than in the ...Somehow they managed to earn more NOW than in the Q before Bear Stearns imploded? Because clearly capital markets last quarter were superior to the now seemingly benign period pre TARP, TALF, AIG, BSC, Fed Fed Fed, TLGF, FASB changes, blah blah.<BR/><BR/>http://www.fundmymutualfund.com/2009/04/goldman-sachs-gs-pre-announces-14-hours.htmlMarkhttps://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-61961206638782121292009-04-13T18:02:00.000-04:002009-04-13T18:02:00.000-04:00where did 'yest' come from, LoL. I dunno...where did 'yest' come from, LoL. I dunno...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-78835225293483084382009-04-13T18:01:00.000-04:002009-04-13T18:01:00.000-04:00No one has yest ask the ULTRA important question y...No one has yest ask the ULTRA important question yet:<BR/><BR/>"Why did GS release early?"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-58894388968376291282009-04-13T17:52:00.000-04:002009-04-13T17:52:00.000-04:00There was a lot of corporate bond issuance recentl...There was a lot of corporate bond issuance recently... don't you think that might have a big impact on the interest rate VaR? I'm guessing there was a LOT more new issuance than in Q108.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-68315936931169222542009-04-13T17:42:00.000-04:002009-04-13T17:42:00.000-04:00Thanks TPC, I'm in SRS but unloaded most sds today...Thanks TPC, I'm in SRS but unloaded most sds today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-80169579565538626472009-04-13T17:34:00.002-04:002009-04-13T17:34:00.002-04:00tyler I heard that this GS 1st Q included 4 month ...tyler <BR/>I heard that this GS 1st Q included 4 month because they changed Q ending from Feb to Mar.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-50447074422343800232009-04-13T17:34:00.001-04:002009-04-13T17:34:00.001-04:00tyler I heard that this GS 1st Q included 4 month ...tyler <BR/>I heard that this GS 1st Q included 4 month because they changed Q ending from Feb to Mar.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-89135591335061592822009-04-13T17:34:00.000-04:002009-04-13T17:34:00.000-04:00Anonymous,I'm now thinking that the market could r...Anonymous,<BR/><BR/>I'm now thinking that the market could remain buoyant for the remainder of April. The problem is that the banks announce earnings for the next 2 weeks and no one in their right mind wants to get short in front of that. I still think we're likely to see "better than expected" earnings from the majority of the banks. Then we'll get an announcement on the Stress Tests at the end of the month. I wouldn't be shocked if that announcement is one of these grand Sunday evening events where the Fed and Treasury declare that they have saved the world again. 5% market pop off that and then we're all set for the greatest "sell in May and go away" that the market has ever seen. These banks are not healthy and the economy is not rebounding. I am certain of both. <BR/><BR/>Personally, I am not getting short in front of these BS bank earnings. It's just too risky. Until then I can afford to be patient. If the market melts up further then it will only tee up my short positions better.TPChttp://www.pragcap.comnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-27731197764283638542009-04-13T17:33:00.000-04:002009-04-13T17:33:00.000-04:00I don't see how anyone expects there to be a bank ...I don't see how anyone expects there to be a bank earnings fraud case when the #1 perpetrator of the fraud is the government. Are you gonna take it to the International Criminal Court? It's kind of ridiculous. No one is above the law...except the lawmakers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-63405759322848310142009-04-13T17:32:00.000-04:002009-04-13T17:32:00.000-04:00So f*ckin' rigged! Before the last earnings, the n...So f*ckin' rigged! Before the last earnings, the news was leaked to WSJ to convienently "prep" the market for the $2b in losses. This time, again, the WSJ had a piece out and rumors were floating around of a $12b quarter. Set them up nicely for the equity offering, didn't it?<BR/><BR/>~$5b in compensation in this ecomonmy!!? All I can say is WOW..Samhttps://www.blogger.com/profile/04967068433164814493noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-69293785909074894132009-04-13T17:18:00.000-04:002009-04-13T17:18:00.000-04:00GS is massively overvalued here. earnings power is...GS is massively overvalued here. earnings power is just not thereGlobalMacroSpeculatorhttps://www.blogger.com/profile/03052727180833620834noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-6510566571434651182009-04-13T17:16:00.000-04:002009-04-13T17:16:00.000-04:00TPC,When do you see the end to this. Lot of chatt...TPC,<BR/><BR/>When do you see the end to this. Lot of chatter I'm hearing says OPEX this month should be the beginning of a long trip down...Anonymousnoreply@blogger.com