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
-
Minimum wage to $20 an hour. That's what Sally Delk hopes for with a job at the nuclear power plant. More -
Charlotte Street was the epicenter of urban blight. No longer. Now Bimmers and boats fill driveways. More -
Ex-convicts like Gregory Headley are 'at the back of the line' in the struggle to find work. More -
Steve Jobs revived Apple, defying the worst economic conditions since the Great Depression. More -
Consumers looking to buy electronics for holiday gifts won't have to break the bank this season. More -
Search firm says it will pay the bill for wireless Internet during the holidays. More -
Twitter and LinkedIn hook up, signing agreement to let users share information across both platforms. More
