Goldman Sachs and December
A lot of neat things happened in December. Christmas happened (unless you were a retailer, in which case, it didn’t). Other things happened. If you decided to trade stocks or invest in something stupid, you might have lost money. If you were Goldman Sachs, none of it showed up on any quarterly report. The last quarter ended in November. The current quarter began in January.
Interesting.
A lot of people have a problem with this. Goldman Sachs managed to put a lot of losses on December’s books, but none of them appeared on a quarterly report. Just check out some of these links:
