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Posts tagged "GS"

The Goldman Sachs Group Management Discusses Q3 2011 Results – Earnings Call Transcript

The Goldman Sachs Group (GS)

Q3 2011 Earnings Call

October 18, 2011 9:30 am ET

Executives

David A. Viniar - Chief Financial Officer and Executive Vice President

Dane Holmes - Director Investor Relations

Analysts

Michael Mayo - Credit Agricole Securities (USA) Inc., Research Division

Michael Carrier - Deutsche...

Quigley Joins Goldman Sachs’ AIMS unit

Richard Quigley has joined Goldman Sachs Asset Management's alternative investments & manager selection group as an MD. Quigley will head AIMS Advisory Solutions and be based in New York. Previously, Quigley was a partner and global head of portfolio advisory at Albourne Partners, an investment consultant.

Buffett Bails Out Bank of America

Make no mistake about this: Warren Buffett just saved Bank of America’s bacon. A few items leap out this announcement: 1) BoA needed both capital and a reputation reboot. Buffett provided a little bit of both. 2) This gives lie to the claim that BofA needed no money Counter argument — this was about the...

Goldman: cutting, repoing, provisioning, losing

Goldman’s 10Q was released this morning and it adds some interesting detail to its mixed Q2 earnings.There were 15 days when it posted a trading loss in daily trading revenues,...

The Goldman Sachs Group Management Discusses Q2 2011 Results – Earnings Call Transcript

The Goldman Sachs Group (GS)

Q2 2011 Earnings Call

July 19, 2011 10:30 am ET

Executives

David Viniar - Chief Financial Officer and Executive Vice President

Dane Holmes -

Analysts

Fiona Swaffield - RBC Capital Markets, LLC

Matthew Burnell - Wells Fargo Securities, LLC

Ed Najarian - ISI Group Inc.

Michael Carrier - Deutsche Bank...

A snapshot of this year’s disclosure avalanche …

Not quite two weeks ago, we passed the midpoint of 2011, marking a perfect opportunity to continue ignoring our New Year’s resolutions — and to check in on that marvel of modern investing, the Edgar database at the Securities and Exchange Commission. Edgar, of course, is the SEC’s ever-growing trove of corporate disclosures — as...

Enhancing Jon Corzine in the filings…

Unlike Wikipedia, where a person’s bio can be changed with a few simple keystrokes, prompting all-out edit wars, SEC filings move quite a bit slower. Subtle changes usually take place quarterly, or even yearly, as opposed to second by second. That’s mostly because attorneys and others have to review those words to make sure that...

Friday links: lack of respect

Quote of the day HCPG, “The lack of respect for what you gain and can lose is directly related to how quickly traders blow out [...]

Tuesday links: buyout by buyback

Quote of the day David Merkel, “The Federal Reserve may pretend that it is the guardian of stability, but it is not so with respect [...]

Congressional Research Service Confirms Big Banks Borrowed Cash For Next To Nothing, Then Lent It Back to the Federal Government at Much Higher Rates

As I’ve noted for years, the government has been guaranteeing that the big banks make money at taxpayer expense by loaning money at very low interest rates, and then letting the banks loan the money back to the government at much higher interest rates. For example, as I pointed out in January: Bloomberg notes: “The...

Thursday links: having it all

Quote of the day Derek Hernquist, “I’m not a believer in the “greed” idea; the great motivator is FEAR.  Fear of loss, fear of missing out, and fear of looking stupid are very natural feelings of which we should not be ashamed.”  (Derek Hernquist) Chart of the day Stocks vs. Bonds.  (All Star Charts) Markets...

Wednesday links: a suspicious divergence

Quote of the day Josh Brown, “We have a new type of hippie in 2011, only our modern hippies are much more lovable and productive for society at large than whatever was rolling around in its own filth 50 years ago.”  (The Reformed Broker) Chart of the day Market breadth shows a narrowing rally.  (Data...