The previous quarter, banks truly stretched any possible accounting and regulatory standard to the limit to kick the can down the road, hoping a #FED rate cut could give them some relief. Unfortunately for them, not only did this not happen, but today our dear Jerome Burns reminded everyone that…
Category:Goldman Sachs
GOLDMAN SACHS CASH BLEED WON’T ALLOW THEM TO KEEP HIDING THEIR LOSSES FOREVER
Goldman Sachs just released its Q1-24 results and, of course, they beat expectations. Nothing less could be expected from the “best in its league” right? Well, if you pay attention to details, #GS financials are less and less shiny (and increasingly worth paying attention to). Once again, #GS cherry-picked the…
GOLDMAN SACHS – A BIG EPS BEAT ENGINEERED TO HIDE LIQUIDITY STRUGGLES AND A QUESTIONABLE LOAN BOOK?
#GS Q4-23 was quite a spectacular game of smoke and mirrors that, of course, fooled the mainstream media. CNBC – “Goldman Sachs tops revenue estimates on better-than-expected asset management results” WSJ – “Goldman Scores a Win With Sharply Higher Earnings” Let me show you one of the “tricks” they used….