After The Bell...Goldman to sell 2B in bonds

Question is: What are they going to do with the money?

No activity - very bearish

Purchase of banking assets with the full amount - bullish (eventually)
 
Quote from abboudi:

Don't be surprised if GS posts its first quarterly loss as a public company.

GS WILL post their first loss this QTR. They have massive write downs coming.
 
Wait till GDP number and Shiller comes out 8:30.

Then Paulson has to speak on the bailout and how it is going in the noon.

So, we will see how "Strong" this market is.
 
Will they be called Gold Bonds?
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