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

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To: mishedlo who wrote (76598)3/21/2008 5:47:11 AM
From: coachbobknight  Read Replies (2) of 116555
 
nice work mish...hat tip to you...you must have good sources around here...grin...

also, regarding goldman sach's earnings, their tax rate for this quarter was 29% versus 33-34% in the last several quarters i believe...

check the numbers, but i am sure i remember this from the cc...

so no commercial writedowns(cuz they moved all this junk to level 3) plus a lower effective tax rate equals a huge celebration on the part of the lemmings...

see my next post for another question about goldman...

steve
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