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Old 09-15-2008, 12:31 PM  
pocketkangaroo
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Join Date: Jan 2005
Location: Chicago, IL
Posts: 8,452
Quote:
Originally Posted by Trax View Post
bullshit
exactly those two are going nowhere.
both ARE making money
GS is down only 19% the past 52 weeks
S&P is down 4% less than that
summing it up
not gonna happen
MS maybe... GS and JPM are here to stay
i would bet everything i own on that
They are all going to go man. None of the major ones can stay afloat without someone buying them out. They are better off selling now instead of doing what Lehman and Bear did and wait till it's too late.

Reports are that Goldman will report over a 70% drop in earnings while JP over 40%. The biggest worry is how much exposure these guys had to Lehman and Merrill.
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