The markets are bouncing back today after a $145 billion bailout of Greece and no further negative news on Goldman Sachs Group, Inc. (NYSE:GS). The dollar has surged all morning as most economists and traders expect Greece to just be the tip of the iceberg. Portugal and Spain are next on the list of countries [...]
What a day in the market! This morning Treasury Secretary Tim Geithner and former Treasury Secretary Hank Paulson will be on the hot seat regarding the bailout of American International Group (NYSE:AIG). The members on Capital Hill are wondering and asking why AIG was bailed out? The perception from many in Washington was that AIG [...]
Goldman Sachs Grp. (NYSE:GS) reported net profits of $8.20 per share on revenue of $9.62 billion. This blew away the earnings per share number which was expected at $5.20, however, missed the revenue number slightly which had been expected at $9.65 billion. When analyzing these numbers, this is just the start.
The key with Goldman [...]