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Goldman Should Just Ride out the Wave of Outrage
Excerpt from the InvestorGuide.com Stock of the Day on 11/19/2009

You would think they would have just found a better PR agency because the one they have right now is sure as hell not working out. Goldman Sachs is again the subject of public ridicule and scorn. Is that what you get these days for charitably shelling out $500 million? Goldman has done everything possible to generate some positive sentiment in the wake of the upcoming bonus season but it has all backfired. The best strategy all along would have been to basically zip it and concentrate on running the business. Over time the anger would dissipate as something else would take center stage and people realize that the government is who they should really be mad at.

CEO Lloyd Blankfein has the top job at Goldman today because he is a really good trader. He cut his teeth making bets with massive amounts of money. He is not an investment banker which means he never had a chance to or cared to develop his people skills (e.g. he once remarked that going on TV is not 'his thing'). But for some reason, the PR folks thought it would be a good idea to trot him out and expect him to charm the world like he is John Mack. So understandably, Blankfein has had some uncomfortable missteps over recent weeks including referring to Goldman as doing 'God's work' and implying that his people are more productive than those at other firms (actually that one might be true). A couple of days ago he even issued a vague apology saying Goldman was sorry for the things it had done. And in attempt to show some largesse, the firm is going to donate $500 million towards helping small businesses. More >


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Jealousy Clouds Judgment When it Comes to Goldman
Excerpt from the InvestorGuide.com Stock of the Day on 10/16/2009

You always want to be in the middle. If you fall back too far, failure looms large but if you outperform the pack, you become the poster boy for greed. Just ask Goldman. Lloyd Blankfein's firm has become the favorite whipping boy of the populist media. Yesterday, the bank reported a profit of $3.19 billion for the quarter (those are almost oil company numbers). The bonus compensation pool for the year will be north of $20 billion, the highest ever. Most of the media coverage has expressed anger and outrage. But the true emotion in play here is jealousy and everybody is just trying their best to masquerade it. More >

Goldman Sachs Scores Big Profit
Excerpt from the InvestorGuide.com Stock of the Day on 7/14/2009

While markets remain fragile, some companies are emerging from the ashes much better than expected. It seems like it was just yesterday that the government was forking over billions of dollars to financial companies to prevent a total catastrophe in the economy. Goldman Sachs appears to be ahead of its counterparts. First, it paid back the bailout funds it received in record time and now the company has reported earnings that more than beat Wall Street's expectations. The company reported a 33 percent increase in second-quarter profits on Tuesday. How was the company able to report such impressive profits during troubling times? Should taxpayers be concerned or happy about the company's turnaround? More >

Time to Believe in Goldman Again?
Excerpt from the InvestorGuide.com Stock of the Day on 3/24/2009

There is a lot going on at Goldman Sachs. Now would be a good time to evaluate what the immediate and intermediate future looks like for the securities giant as well as get a sense of how the firm managed to get through the worst of times. As detailed in Barrons latest cover piece, it is now safe to say that Goldman and Morgan Stanley (MS: Charts, News, Offers) are survivors. There was a time last September that the prognosis was not too good. But they pulled through (with a little help from friends) and now Goldman reportedly is on the verge of making some key strategic decisions which include bringing some Chinese money back home, attempting to get rid of those omnipresent government officials and making a huge splash in the ETF market. More >

Goldman Sachs Announces First Loss Ever   12/16/2008

Goldman Learns the Cost of a Thumbs-Up from Omaha   9/24/2008

Things About to Slow Down at Goldman But Not For Long   8/14/2008

Why has Goldman Sachs lost close to 25% in 2008 alone?   3/4/2008

Goldman Sachs Global Alpha Fund falls 22.5%   9/14/2007

Goldman Sachs Resuscitates Hedge Fund   8/13/2007

Goldman Sachs (GS) Upgrades

Date
Analyst
Old Rating
New Rating
06/05/2009
Atlantic Equities
Neutral
Overweight
06/04/2009
Sanford C. Bernstein
Market Perform
Outperform
04/16/2009
Rochdale Securities' Dick Bove
Hold
Buy saying capital
12/16/2008
Ladenburg Thalmann banking analyst Dick Bove
Sell
Neutral
11/11/2008
Sandler O'Neill
Hold
Buy
10/14/2008
Citigroup
Hold
Buy

Goldman Sachs (GS) Downgrades

Date
Analyst
Old Rating
New Rating
10/13/2009
One of the biggest stories on Wall Street today was Meredith Whi
Buy
NeutralMeredith
10/13/2009
Meredith Whitney Advisory
Buy
Neutral
04/15/2009
Sandler O'Neill
Buy
Hold
04/15/2009
JP Morgan
Overweight
Neutral
08/12/2008
Buckingham Research
Strong Buy
Accumulate
06/26/2008
UPDATE: This morning, Wachovia
Outperform
Market Perform

Goldman Sachs (GS) New Coverage

Date
Analyst
Rating
04/15/2009
Pali Research
Neutral
03/27/2009
Friedman Billings
Outperform
03/25/2009
Rochdale
Hold
03/17/2009
Oppenheimer
Outperform
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