Greg Smith's rant costs Goldman $2.2-billion in one day (business.financialpost.com) 4 points by dchmiel 14y ago ↗ HN
[–] willvarfar 14y ago ↗ Taking Lawrence Lessig's view: http://edition.cnn.com/2012/03/15/opinion/lessig-goldman-sac... , this is the problem
[–] mooism2 14y ago ↗ Goldman's market value declined by $2.2bn in one day.To a first approximation, this tells us nothing about how much it has cost Goldman Sachs. Are customers walking away, whether to competitors or out of the market entirely? Who knows?
2 comments
[ 4.1 ms ] story [ 7.9 ms ] threadTo a first approximation, this tells us nothing about how much it has cost Goldman Sachs. Are customers walking away, whether to competitors or out of the market entirely? Who knows?