Goldman Sach Soars into Market Infamy - Issues Stock - Declares Mark to Market Bonanza - Brings US One Step Closer to Depression | WHAT REALLY HAPPENED


Goldman Sach Soars into Market Infamy - Issues Stock - Declares Mark to Market Bonanza - Brings US One Step Closer to Depression

BBC - Business Goldman sparks bank shares rally -Financial stocks across Europe have risen sharply after US banking giant Goldman Sachs announced surprisingly good first quarter results.

Goldman also announced plans to raise $5bn from shareholders in order to repay some of the $10bn emergency loan it received from the US government to help it through the financial crisis.

He believes the results from Goldman Sachs and Wells Fargo will not set the tone for upcoming results in general.

"It's not going to be pretty reading on the corporate results front this quarter," he said.

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