Seeking Alpha

"I wish I could tell you when," says Goldman Sachs (GS -1.6%) CFO Harvey Schwartz, responding to...

"I wish I could tell you when," says Goldman Sachs (GS -1.6%) CFO Harvey Schwartz, responding to an earnings call question about when M&A might pick up. Schwartz calls such activity a lagging indicator, meaning a longer period of solid business may be necessary before gains might be seen. Asked about implementation of the Volcker Rule (which keeps getting pushed out), Schwartz says he's more concerned with the quality of the rule-making than the timing.
Comments (1)
  • GS sandbagged profits to smash next quarter's earnings. Don't believe the negatives, not even from GS conference call.
    16 Apr 2013, 02:08 PM Reply Like
DJIA (DIA) S&P 500 (SPY)