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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (55228)4/17/2014 9:20:24 AM
From: ggersh  Read Replies (1) of 71475
 
The last line is interesting, machine eating machine
in full all out war -vbg-


Goldman Reports Worst Q1 Results Since Lehman, Average Employee Pay Drops 7% To $376,840Submitted by Tyler Durden on 04/17/2014 - 07:59 Moments ago Goldman reports its first quarter earnings, which beat expectations that had been drastically lowered into this quarter. Specifically, total Q1 revenue printed at $9.33 billion, beating expectations of $8.66Bn, while EPS, which declined 6% from a year ago, also beat Estimates of $3.49 at $4.02. Looking at the key operating segments, the all important FICC revenue was $2.85Bn, also above the sharply reduced estimate of $2.63Bn, while IB was $1.78Bn, more than the Wall Street estimate of $1.52Bn. That was the good news. The bad news: Goldman's first quarter results were the worst since the Lehman crisis, and just to put the critical FICC group's revenues in perspective: at $2.9 billion they were less than half what FICC recorded in Q1 2010 when people apparently still traded.
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