Never would've happened ...

[geeker2]

$550 million penalty for a company that generates more than $10 billion of annual earnings ..ouch that has to hurt.

Oh btw Goldman contributed approx $ 1,000,000 to Obama.

[joeydb]

Originally Posted by geeker2

$550 million penalty for a company that generates more than $10 billion of annual earnings ..ouch that has to hurt.

Oh btw Goldman contributed approx $ 1,000,000 to Obama.

I'm sure it does. 5.5 % of gross earnings is a big deal. 5.5% of net profits -- not so much.

Goldman is finished.

[geeker2]

Originally Posted by joeydb

I'm sure it does. 5.5 % of gross earnings is a big deal. 5.5% of net profits -- not so much.

look out over 5+ years and tell me how much this hurts...

GS stock up 3.3% today.

[clyde]

DeeBee has always been a kumquat.