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News Link • Economy - Economics USA

Is Goldman About To Report Only The Second Loss Since Its 1999 IPO?

• www.zerohedge.com
For all its criticisms, if there is one thing one can say about Goldman, is that unlike their pathetic TBTF cousins in the US financial industry (JPMorgan, Citi, and shortly Morgan Stanley and Bank of Countrywide Lynch), it can report a loss like a man. Which, in less than 24 hours, it may have to do, for only the second time since its 1999 IPO.

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