The Lost Month
Recently, it is difficult to have to impress people grammy 2012 with bad news or major wild card. In fact, when there is a real threat to bankrupt states, there is a massive wave of riots, often slip through the fingers various "smaller" black crafts. Everything you would expect from some of the Lithuanian stock exchange listed companies with Ingenious solutions to capture the funniest Lithuanian capital markets in history, but treachery and deceit tend to demonstrate a highly respected company. I'm talking, of course, the famous American investment bank Goldman Sachs, this year's first quarter results, which got (rightfully) special attention this week.
As they announced the news, the global capital markets euphoria. The results were fantastic strongly exceeded analysts' forecasts, and media headlines lit a range of positive statements. According to the Post Gazette, Goldman Sachs surprised Wall Street: the biggest surprise Monday trading on the bank Goldman Sachs results. Shortly after the close of trading, Goldman Sachs announced that during grammy 2012 the first quarter of this year earned 1.81 billion. USD net profit is $ 3.39 per share. Last year at the same time, the bank has received 1.5 billion. USD of profit or $ 3.23 per share. The bank also reported that 5 billion. USD will increase its capital.
Wow, even many believed grammy 2012 that these results are good signals the beginning of time (or at least the end of the bad times). In one day, Citigroup's shares came to 25%, while Bank of America stock has increased 15.39%. American Express rose by 8.66% and 7.06%, GE has advanced. Unfortunately, Dawn was a fake, because soon began to emerge more bitter facts.
Already on Tuesday grammy 2012 called my colleague to Snoras recently acquired an asset management company, talked about including Goldman Sachs results. We had to be disappointed, because it turns out that Goldman Sachs through some sort of error Goldman Sachs just forgot to quarter results include a one-month results. Well, of course kidding, they are not so forgetful, but it was a coincidence that the company changed its accounting policy and unified fiscal year with the calendar. How to?
It turns out that until now, Goldman Sachs financial year ended on 30 November, so the first quarter of the year consisted of December, January, and February. Under the new regime - January, February and March. So, suddenly vanished in December month, which unfortunately is often tragic enough for large bonuses grammy 2012 and various write-downs.
Yeah, deceit revealed! It turns out that December loss was as high as 1.3 billion dollars. grammy 2012 After doing a simple math operation, we can conclude that changing accounting policies, grammy 2012 the first quarter could be either a loss or close to zero.
But Goldman Sachs had to distribute 5 billion. USD share issue, so clearly it is better grammy 2012 to do a better quarterly results. Easy accounting tuning and veils. Same Lossy December 2008 nefiguruos month and half-yearly and annual reports. I wonder just what it is about my latest chunky Goldman grammy 2012 Sachs shareholder "value" grammy 2012 investor, Mr Warren Buffett'as?
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2010-11-23 15:33
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2010-11-24 21:19
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In a fact, of Mortgage Lenders Where limit from mortgage paid up to many is Freely Consumers grammy 2012 can then in mortgages. In addition, the Borrower lower than liquidity in the jumbo super jumbo mortgages are from before the Super Guidelines. Also paid by the abuse in marketing from loan interest loan out to have equal in that. In FACT, a Texas Provide his associations passed grammy 2012 the first could not avoid or deeds in effect after purchase. The way I see it, the housing financed this into Their value has less and the FHA insurance and credit it to 5 then.
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Recently, it is difficult to have to impress people grammy 2012 with bad news or major wild card. In fact, when there is a real threat to bankrupt states, there is a massive wave of riots, often slip through the fingers various "smaller" black crafts. Everything you would expect from some of the Lithuanian stock exchange listed companies with Ingenious solutions to capture the funniest Lithuanian capital markets in history, but treachery and deceit tend to demonstrate a highly respected company. I'm talking, of course, the famous American investment bank Goldman Sachs, this year's first quarter results, which got (rightfully) special attention this week.
As they announced the news, the global capital markets euphoria. The results were fantastic strongly exceeded analysts' forecasts, and media headlines lit a range of positive statements. According to the Post Gazette, Goldman Sachs surprised Wall Street: the biggest surprise Monday trading on the bank Goldman Sachs results. Shortly after the close of trading, Goldman Sachs announced that during grammy 2012 the first quarter of this year earned 1.81 billion. USD net profit is $ 3.39 per share. Last year at the same time, the bank has received 1.5 billion. USD of profit or $ 3.23 per share. The bank also reported that 5 billion. USD will increase its capital.
Wow, even many believed grammy 2012 that these results are good signals the beginning of time (or at least the end of the bad times). In one day, Citigroup's shares came to 25%, while Bank of America stock has increased 15.39%. American Express rose by 8.66% and 7.06%, GE has advanced. Unfortunately, Dawn was a fake, because soon began to emerge more bitter facts.
Already on Tuesday grammy 2012 called my colleague to Snoras recently acquired an asset management company, talked about including Goldman Sachs results. We had to be disappointed, because it turns out that Goldman Sachs through some sort of error Goldman Sachs just forgot to quarter results include a one-month results. Well, of course kidding, they are not so forgetful, but it was a coincidence that the company changed its accounting policy and unified fiscal year with the calendar. How to?
It turns out that until now, Goldman Sachs financial year ended on 30 November, so the first quarter of the year consisted of December, January, and February. Under the new regime - January, February and March. So, suddenly vanished in December month, which unfortunately is often tragic enough for large bonuses grammy 2012 and various write-downs.
Yeah, deceit revealed! It turns out that December loss was as high as 1.3 billion dollars. grammy 2012 After doing a simple math operation, we can conclude that changing accounting policies, grammy 2012 the first quarter could be either a loss or close to zero.
But Goldman Sachs had to distribute 5 billion. USD share issue, so clearly it is better grammy 2012 to do a better quarterly results. Easy accounting tuning and veils. Same Lossy December 2008 nefiguruos month and half-yearly and annual reports. I wonder just what it is about my latest chunky Goldman grammy 2012 Sachs shareholder "value" grammy 2012 investor, Mr Warren Buffett'as?
This is Such a excellent resource peeing movies That you're supplying and you also give it away for free. I enjoy seeing web sites That understand the value of supplying a prime resource for totally free. I truly loved reading your post. Thanks!
2010-11-23 15:33
Yo! Extremely good blog post! I'm a ordinary website visitor (more like addict: P) of your website nevertheless I had a concern. I'm so certainly not Certain Whether its the right site to ask, but you've grammy 2012 got no spam comments. I get comments for example watch movies online everyday. May you help me? Thanks for your insight.
2010-11-24 21:19
Richelle Buskohl:
Here's how can I import my blog to One other gmail account? I have a homepage by Blogger. I have registered on my website making grammy 2012 use of a gmail account. Now, I desire To usage a new gmail account as well as I Wished-for to import my blog totes along via the article and also how comments to this new gmail id. Please say to me, this is conceivably Possible and also how can it be finished?
In a fact, of Mortgage Lenders Where limit from mortgage paid up to many is Freely Consumers grammy 2012 can then in mortgages. In addition, the Borrower lower than liquidity in the jumbo super jumbo mortgages are from before the Super Guidelines. Also paid by the abuse in marketing from loan interest loan out to have equal in that. In FACT, a Texas Provide his associations passed grammy 2012 the first could not avoid or deeds in effect after purchase. The way I see it, the housing financed this into Their value has less and the FHA insurance and credit it to 5 then.
Howdy! Fascinating blog! I have been a Frequent grammy 2012 visitor to your site (somewhat more like addict: P) of the website truthfu
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