I am really new to all of these business aspects of our discussions in class so I am just putting down what I think is right so DON'T JUDGE ME! haha... Well from overviewing my research of Goldman Sachs' stock before the recession hit and I got "8.58 k". Then when the recession hit their stock went down to
"-60.11 k". The year after that it jumped to "101.87 k". I looked at their funds and they were funded by a bunch of people and different companies it was to much to count. Like I said earlier I am fareley new to all of this business stuff so I did not really know how to properly read it so I could be wrong about the information I am giving. I found it interesting how they made such a substantial comeback after the recession though.
I CONCUR. I don't get how Goldman Sachs make their money when everyone else is not. People are losing our jobs everyday and the recession isn't the greatest. This company is probably laughing at avergae Americans.
ReplyDeleteIt`s really dificult to find the stock price information. Differenet kinds of shares etc. I didn`t find even About us on their official site. Though they have more than 125 years of history and might have something to share.
ReplyDeleteyea i looked up citigroup and their total revenue last year was about the same as it was during the years before the recession, even tho their stock is lower theyre still makin about the same amount of money as before
ReplyDeletehmm..I think they are making money on short term, nut on the long term,they can end up like the others
ReplyDeleteYeah I didn't really know what I was doing either.. but it looks like you have a lot of good research!
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