Comments on: The curious case of Goldman’s disappearing December http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: topcat616 http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/comment-page-1/#comment-536 Fri, 17 Apr 2009 16:47:10 +0000 http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/#comment-536 I am completely agnostic as to whether GS evil or honorable, but you guys are really INSULTING THE INTELLIGENCE of REAL investors. Firstly, I have known GS will have a bad Dec for months. It’s such an old news! Most analysts touched on December as they projected the 1st quarter earnings estimates. Secondly, on the earnings conference call, GS CFO spent the first several minutes reviewing their December numbers before he kicked off the quarterly earnings report.

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By: quantacide http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/comment-page-1/#comment-484 Wed, 15 Apr 2009 22:03:26 +0000 http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/#comment-484 This was a juicy one — the phantom month. Just like the AIG bonus scandal (150MM != 150B). Or the AIG counterparty scandal. But when you just crack the surface a little bit, none of the stories have any depth.

Does anyone even pay attention to the CPI numbers today? 60 pct of the inflation negation came from one item. Ah, but CPI is boring…

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By: Aiden http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/comment-page-1/#comment-483 Wed, 15 Apr 2009 21:59:06 +0000 http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/#comment-483 The SEC 8-K is just a notification of a press release that most large companies use to release earnings before their books are totally finalized. This finalized result is put in the 10-Q or K, which gives much more detailed financial and operational results.

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By: anon http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/comment-page-1/#comment-475 Wed, 15 Apr 2009 20:23:15 +0000 http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/#comment-475 Congrats felix…you’re just another lemming

why don’t you take a look at an sec filing every once in a while? That may restrict your daily posts to 18 instead of the regular 29, but at least you’ll be able to pretend a little bit better that you know what you are doing. Just not very rigorous.

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By: Richard http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/comment-page-1/#comment-459 Wed, 15 Apr 2009 16:12:18 +0000 http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/#comment-459 Actually, Felix, GS reserved $744MM in comp for December, against net revenues of $183MM. That’s a good part of why they lost so much money in Dec. They shouldn’t be so smarmy about keeping comp to “only” 50% of net revenue in Q1, considering how they’re paying 400%+ of net revenues for Dec.

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By: jck http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/comment-page-1/#comment-457 Wed, 15 Apr 2009 15:49:43 +0000 http://blogs.reuters.com/felix-salmon/2009/04/15/the-curious-case-of-goldmans-disappearing-december/#comment-457 The move was requested by the regulators.
“The spokesman did tell me something I would have included in my earlier Goldman blog had I known it, that the change in fiscal year was required when it converted to a bank holding company.”
http://norris.blogs.nytimes.com/2009/04/ 14/what-about-that-other-195-billion/

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