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Why Its Time To Be A Bear
Posted by Stock Online Trader on December 18, 2007 in Energy Sector, Finance Sector, Real Estate, Retail Sector
Financials SlideGoldman Sachs Group (GS). on Tuesday gave a cautious outlook for Wall Street in 2008 because of the ongoing credit crisis, even as the world’s largest investment bank chalked up another record-breaking year. During Q4, Goldman’s $3.17 billion profit was fueled by higher investment banking fees, one-time asset sales, and surprisingly strong debt trading [...]