with Oli | Strategies


Archive for Februar 25th, 2008

Write offs to continue …

Montag, Februar 25th, 2008

Oppenheimer and Goldman Sachs bring the RED INK to the financials again.
Goldman might be oportunistic as it sees cuts for Q1 but does not really change the 2008 outlook by too much … You know … HOPE is important
They expect:
- Citibank to write off a further 12 bln$
- JP Morgan to write off […]

Monthend … means manipulation

Montag, Februar 25th, 2008

Monthend is close … AND QUARTEREND for some of the “finest” institutions on this planet
Goldman Sachs, Lehman, Morgan Stanley and Bear Stearns all celebrate one more quarter of financial SURVIVAL
My respect
Hopefully the Ambac story came not too early for them … as most analysts already found out that it […]