Goldman Sachs swallowed rat poop

"Fraud door" to the strong performance of the Shadow "flying off" was splash-ink. On the night of April 20 local time, Goldman Sachs reported strong results: a 3.5 billion dollar net profit was achieved in the first quarter. Goldman Sachs also issued a strong statement, firmly denied the SEC's allegations. But the bank's civil fraud lawsuit in the United States has a knock-on effect, which casts a shadow over the performance. British regulators have launched a survey of Goldman Sachs, while new details have emerged on securities at the heart of the controversy. Gaosheng reported that the bank lost more than $100 million on collateralised debt obligations (CDO)--just 3 days ago, the bank said it had a net loss of $75 million. Goldman Sachs chief financial officer David Vignat said the bank found other losses.　　German and European regulators are also looking at the CDO, and the German Industrial Investment Bank (IKB) is considering a private lawsuit against Goldman Sachs. To Goldman Sachs: it's too good to be true. At this politically sensitive moment, Goldman Sachs ' first-quarter results may be more conducive to long-term profitability. In the eyes of most people, the world is like a Hollywood movie, Black and white. In the face of Goldman Sachs, all of us have become chivalrous people. In fact, Goldman Sachs has nothing to be ashamed of-except to pretend to be untrue. The fact is that much of Wall Street's revenue comes from trading--80% of Goldman's income comes from trading. The fact is that you are a public company with a general shareholder. The truth is that, as CEO and chairman of the company, you have to put the shareholders ' interests first--even in front of the client's interests. In any case, Goldman Sachs will be hated for a long time.　　But you will continue to live. The International financial newspaper (No. 04 edition of 2010-04-22)