Goldman Sachs Prudently Leverages its Balance Sheet Only 12 to 1 Versus 28 to 1 in 2008 |
| October 17, 2013 | October 2013 Bond Updates |
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Goldman Sachs reported $175 billion of global core excess liquidity today in its 3rd quarter earnings report reflecting what chairman Lloyd Blankfein called " a period of slow client activity. I see it as a prudent policy in light of all the pressure to raise capital from global regulators. What caught my eye was Goldman's upfront declaration it manages "its liquidity and capital conservatively." |
| View more at: http://www.forbes.com/sites/robertlenzner/2013/10/17/goldman-sachs-prudently-leverages-its-balance-sheet-only-12-to-1-versus-28-to-1-in-2008/ |
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