Goldman Again a Gold Mine?

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  |  Minyanville
Posted: 07-10-09 08:00 AM

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Minyanville:

Minyan Morning Memo One to Watch: Goldman Sachs (GS) was more Saks Fifth Avenue (SKS) than five and dime yesterday its gain of over three percent propelling financials higher. Ahead of earnings on Tuesday it’s as if the company’s Alice in Wonderland autumn of ‘08 and ignominy of becoming a commercial bank holding company never occurred. Trading revenues are expected to be in record territory. Undeniably impressive. But blockbuster numbers could put it between a stock and a hard place politically providing the public plenty of opportunity to carp about TARP. What Just Happened: Stocks posted slight gains following a fall ...

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