亂彈美景新聞--GS, MS 季度報表

Let’s see what GS and MS ‘s earning report for the 4th quarter of 2008:

1. GS: a worse-than-expected net loss of $2.12billion/$4.97 a share compared to a profit of $3.22billion/$7.01 a share one year ago; First lose since becoming a public company in 1999
2. MS: a greater-than-expected loss of $2.37billion/$2.34 per share

How is GS bited so hard:

1. Slowdown in mergers and acquisitions
2. Underwriting business
3. Trading and principal investments business
4. Fixed-income, currencies, and commodities business