Reading into Goldman Sachs Positive 1st Quarter Results

The internet is abuzz about how Goldman Sachs reported such positive earnings for the first quarter. That it was largely a result of AIG one time payments they received (source), and employed every accounting trick in the book to avoid or delay reporting their losses, with the blessing of the SEC, in order to improve consumer confidence figures (source)

Q2 is going to be pretty miserable I think, contemplating buying some June Put Options

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One Response to Reading into Goldman Sachs Positive 1st Quarter Results

  1. Earl Grey says:

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    Interesting concept but works for me

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