I am not exicted about strong earnings put up by the banks.

来源: worriedmom1 于 2009-07-18 13:19:46 [] [旧帖] [给我悄悄话] 阅读数 : 0 (348 bytes)
本帖于 2009-07-20 10:04:10 时间, 由超管 论坛管理 编辑

Goldman significantly relied on its prop trading desks to make money. Income from trading is not consistent anyway.

Citi and BOA, well, they can always cook their books:)

Recent market rallies are driven, in my opinion, by the liquidity injected by the Fed. Rally will last into the year end unless the US economy deteriorates again.

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