The Incredibly Shrinking Market Liquidity, Or The Upcoming Black Swan Of Black Swans
"Anyone who is doing anything sensible right now is either losing money or is out of the market entirely." These are the words of a quant trader, who is seeing something scary in the capital markets. Scary enough to merit a warning that we could be on the verge of another October 87, August 2007, or January 2008.
Goldman mulling stock offering - report
LONDON (CNNMoney.com) -- Wall Street investment bank Goldman Sachs is mulling a new stock sale to repay the $10 billion loan it received from the government last year, according to a Wall Street Journal report.
Goldman (GS, Fortune 500) could announce the offering to investors as early as next week, the report said. The company hasn't decided on the final size of the sale, but it is expected to be in the range of several billion dollars, the newspaper said.