financial results
| 11:55AM 4/10/2010
A study found big banks like Goldman Sachs and Citi temporarily lower their debt by an average of 42% at the end of quarters. After their financial reports are issued, previous debt levels are resumed. Like Lehman Brothers' Repo 105 trick, this is dangerous for investors.
| 2:00PM 10/14/2009
Just a year ago, Wall Street's survival seemed far from assured. Titans of finance like Merrill Lynch and Lehman Brothers had disappeared, and even the strongest of those left standing, including JPMorgan Chase (JPM) and Goldman Sachs (GS), took billions of dollars in government assistance to...