There’s really only one thing that matters today and that’s second quarter results from the IB everyone loves to hate: Goldman Sachs.
The figures will hit the tape at 13.30 (8.30 ET) with a conference call scheduled for for 16.00 (dial 1-888-281-7154 US, 1-706-679-5627 Intl to listen in).
Here’s where consensus lies:
The results will include a range of special items, including the TARP repayment charge, fair value adjustments to debt and marks on commercial real estate. The market will also be interested in any comment/figures on smart securitisation – if Alphaville’s inbox is anything to go by.
Related links:
Meredith on Goldman – (re-)re-redacted (updated) – FT Alphaville
This SIV shall come again – FT Alphaville