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To: SeekAndFind

Cry me a river.


2 posted on 07/19/2011 7:41:29 AM PDT by paddles ("The more corrupt the state, the more it legislates." Tacitus)
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To: paddles
From Zero Hedge

No point in discussing Goldman's abysmal earnings. Here is the chart that says it all.

Total Revenue by Segment - this is the worst quarterly revenue for the firm in years. The biggest loser: Institutional client flow AND Prop (Investing and Lending).



IN TABULAR FORMAT:

3 posted on 07/19/2011 7:46:43 AM PDT by SeekAndFind (u)
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To: paddles
The reason for all of this - the massive collapse in VaR, as Goldman somehow loses its edge which oddly parallels the unwind of the firm's proprietary trading division.


4 posted on 07/19/2011 7:48:21 AM PDT by SeekAndFind (u)
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