Fortune’s Senior Editor Stephen Gandel writes: In the last
year or so, Goldman Sachs executives have tried to portray their firm, often
seen as a Wall Street swashbuckler, as a lot less risky than it used to be. The
Federal Reserve appears not to be convinced.
We'll get a better idea of what the Fed thinks on Thursday
after the market closes, when the bank regulator releases the final results of
its stress tests. The preliminary
results suggest Goldman could lose $25 billion from bad trades in another
financial crisis, more than any other bank tested by the Fed….
Read all about it at http://finance.fortune.cnn.com/2013/03/14/goldman-sachs-stress-test-risk/
No comments:
Post a Comment