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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (196127)4/13/2009 4:27:20 PM
From: ajtj99Read Replies (1) of 306849
 
From the looks of things, their trading income was about $6.5 Billion, which likely includes the derivative payments from AIG.

Their revenues were up 13%, and their expenses were up 10% year over year, and revenues were $9.43 Billion. They beat their YOY per share net by $0.16.

Methinks they are in poor shape, as the AIG payments are masking losses. It looks like they are using the AIG payments to smooth over the other rotten stuff.
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