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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.94

+0.2%

4:00 PM EST

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To: 2MAR$ who wrote (78196)	8/22/2011 4:26:25 PM
From: 2MAR$	Read Replies (2) of 217868

Goldman Sachs Shares Fall From Table to Lowest Since March 2009 ( Vampire Squid just got squished ) http://blogs.wsj.com/marketbeat/2011/08/22/goldman-sachs-shares-fall-from-table/?mod=yahoo_hs By Mark Gongloff FactSet Click for gigante image. Its shares have plunged from $112, where they’d been most of the day, essentially flatlined, to less than $105 after the bell. On heavy volume, to boot. The drop immediately followed the release of this Reuters story, that Lloyd Blankfein has hired a high-powered defense attorney: Goldman Sachs Chief Executive Lloyd Blankfein has hired Reid Weingarten, a high-profile Washington defense attorney whose past clients include a former Enron accounting officer, according to a government source familiar with the matter. Blankfein, 56, is in his sixth year at the helm of the largest U.S. investment bank, which has spent two years dodging accusations of conflicts of interest and fraud. The move to retain Weingarten comes as investigations of Goldman and its role in the 2007-2009 financial crisis continue. Goldman shares closed at $105, their cheapest price since March 2009.

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