Kevin Walmsley

Goldman Starts Getting Smaller

Fair enough. Then again, somehow Goldman recorded a negative revenue number, of $1.58 billion. Didn't know that was possible either. Of course, I was just the CFO of a manufacturing company, not a Wall Street firm. So I guess if all the investment banks take back money they set aside for payroll, and give back billions of dollars worth of sales they made in prior quarters, they'll be profitable again in no time flat.

Or, maybe it's another example of the Enron syndrome: if you don't understand the accounting, there's a reason, and you should sell.