GS may lose $5 a share next quarter :(

CFA General
#1

http://www.marketwatch.com/news/story/Goldman-4th-period-loss-may/story.aspx?guid={F6FD5D8C-C982-4BAD-B54F-9B421C85445D}&dist=hplatest

#2

For a long time, GS was hedge fund shaped like an investment bank. Unfortunately, they weren’t properly hedged (like 99.999% of hedge funds). They never should have gone public.