Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Giordano Bruno who wrote (384087)	4/13/2009 8:47:17 PM
From: MythMan	2 Recommendations Read Replies (1) of 436258

GS was sleight of hand with their change in fiscal year end.. >>Goldman’s earnings release included a loss of $1 billion for the month of December. Until this year, Goldman’s earnings were reported based on a fiscal-year end at the end of November. Now the bank is converting to a calendar-year schedule, and so it released December’s results separate from the first three months of this year. The loss in December included nearly $964 million in the bank’s trading and principal investments. <<

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