>From SLATE: Goldman Sachs Shares Tumble After Blistering Op-Ed The company had a rough day on the trading floor after Greg Smith's very public resignation.
By Abby Ohlheiser | Posted Thursday, March 15, 2012, at 11:16 AM ET . UPDATE: Most of the Internet (Slate included) had plenty of fun with Greg Smith's blistering op-ed announcing his retirement from Goldman Sachs on Wednesday. As one would expect, however, things weren't so cheery for his former employer. Bloomberg reports that the Goldman Sachs Group Inc. saw $2.15 billion of its market value disappear during Wednesday trading on Wall Street as shares dropped 3.4 percent, the third-biggest decline among the 81 companies in the Standard & Poor's 500 Financials Index. But don't feel too bad for the firm. Its stock price rebounded in early morning trading Thursday, climbing a little more than 2 percent. -- Jim Devine / "In science one tries to tell people, in such a way as to be understood by everyone, something that no one ever knew before. But in poetry, it's the exact opposite." -- Paul Dirac _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
