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Is the worst over for GS shares?
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Is the worst over for GS shares?# Stock
b*y
1
It looks for now like the bleeding has stopped. After plunging nearly 15% on
Friday — one of their worst daily drops since the firm went public a
decade ago — Goldman’s shares closed Monday slightly higher, up about 1.63
% to $163.32.
The trading volume was heavy again with about 54 million shares trading
hands, about half the number of shares that were traded on Friday. Average
daily volume for Goldman’s shares is about 12 million shares.
Analysts say the biggest impact from the SEC’s case agai
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W*n
2
Financially, there is no material effect on GS, even if the SEC win.
It's a civil suit. May drag on for years... GS has an army of lawyers
hahaha
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B*e
3
戏刚上演,慢慢看来
应该是多幕,多角色
04/16 SEC charged a civil fraud suit againt GS
Goldman said it will "vigorously contest them and defend the firm and
its reputation."
04/17 08 promises financial reform with regulations for derivatives
04/19 rumor has it that the SEC votes are 3:2 --> GS 有瓜葛yu 报料?
Future developments:
Fabrice Tourre: still employed by GS; will he cooperate with SEC --> more GS
high level will be revealed?
GS --> 下一幕 (ER on 04/20/10)
SEC --〉下一幕
Department of Justice --> criminal suit
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s*k
4
There will be a pop before another period of bleeding.
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