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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (75202)2/24/2008 9:52:35 PM
From: RealMuLan  Read Replies (1) of 116555
 
Sounding the depths of the credit crisis William Wright, Editor
25 Feb 2008

It is nice to see that Goldman Sachs might be human after all. But an alternative interpretation of the sharp reduction over the past three weeks in forecasts for the US bank’s first quarter results is altogether more worrying. Could it be that things are so bad even Goldman Sachs, which seemed last year to be operating in a parallel universe to the rest of Wall Street, is heading for a fall?
financialnews-us.com
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