Goldman may post $2 billion loss - report
Firm likely to report quarterly loss of $5 a share, according to Wall Street Journal.
LONDON (CNNMoney.com) -- Wall Street firm Goldman Sachs may report a quarterly net loss of as much as $2 billion, according to a report in the Wall Street Journal.
The newspaper, citing industry insiders, said the loss of $5 a share for the quarter ended Nov. 28 would be five times the current analyst projection.
The expected loss would be Goldman's (GS, Fortune 500) first quarterly loss since it went public in 1999, the Journal said. 
Features
-
These 5 cities have the fastest-growing foreclosure rates. And they're not the usual suspects. More -
Now you can get the $8,000 credit through June 2010 -- or $6,500 if you're not a first-time buyer. More -
Home prices are forecast to plummet, but these 7 cities are predicted to post gains. More -
Home prices have grown in the beer-guzzling heartland and fell in the wine-sipping coastal states. More -
Investors think Detroit's foreclosed houses are a deal. Would you buy this one for $6,900? More -
Economic growth, affordable wages -- these spots have what entrepreneurs need to thrive. More
