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Reply #47: here it is from another article [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-14-06 10:23 AM
Response to Reply #45
47. here it is from another article
http://www.bloomberg.com/apps/news?pid=10000087&sid=ajX...

excerpt:

Net income in the fiscal first quarter soared 64 percent to $2.48 billion, or $5.08 a share, Goldman said in a statement today. That's more than the New York-based firm earned in all of fiscal 2002 and exceeds by more than 60 percent the highest analyst estimate.

Goldman said strong customer demand for stocks, bonds, commodities, currencies and derivatives and ``favorable conditions'' for bets with its own capital fueled a 53 percent jump in trading revenue. Money management fees doubled as assets swelled to $571 billion, the most on Wall Street.

``It all went right, that's all you can say with a number like this,'' said Anton Schutz, who helps manage $275 million at Mendon Capital Advisors Corp., including call options on Goldman shares. ``I don't think they can sustain this.''
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