Analysts at the Charlie Gasparino Advisory Group said this morning that after speaking with “lawyers and rival CEOs,” the (potential) Goldman Sachs settlement with the SEC is currently being “ball-parked at between $1 billion and $5 billion,” though there are many other variables to consider (for instance, Lloyd leaving and the SEC knocking $500 million off the figure), making the situation “extremely fluid.”
Charlie Gasparino: Goldman To Probably Settle For At Least $1 Billion, Maybe $5 Billion
By Bess Levin — Advertisement —
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
low ball
amazing picture
I *should* open an advisory group. make people pay for my insights.
or they may fight it.
Stay tuned for more information as this breaking story develops.
A $1-5billion settlement for a $1billion loss on the long position…..? Sounds fair.
- Jimmy “The Brick”
Bess, he has a very nice smile. I can see why he gets your loins revving at such a high rate.
-Canadian Love Trader
@4 or it may be $10 billion. as I said, anything can happen, and when it does I want full credit for being first to call it.
http://twitter.com/CGasparino/status/13448620968
CG is a f#ckin’ genius…..
I never noticed the resemblance before, but when LB smiles he looks a bit like one of the spies in SPY vs SPY,
http://www.jewlicious.com/wp-content/uploads/2009/07/spy-vs-spy_tofu_prv_2.png
is the CEO of Labeouf Capital really a rival CEO? C’mon Chaz
I bet LB shorted GS stock…
He could make back the 5-10 billion as he loses it.
I think this is the new investment strategy over there.
@12
Or he owns what 1.7 million shares +/-, whatever that’s kinda the same as being short, right?
At least I still have some hair unlike LB.If I did manage GS, not only I could have filed for bankruptcy, I lost hair,too.
-D Donald
“LL” on the left cheek, “YD” on the right.
That’s our hero….Charlie Gasparino!
-ReliableSources Inc.
Situation is fluid–but from what I’m hearing, Lloyd B. brings the Golden Sack to Goldman Sachs.
Bess and B’fein sittin in a tree…
Other news that is BREAKING on FoxBus-
Sun will definitely come up tomorrow, possibly in the east. Don’t know whether it rises at 5AM or 9AM; I guess it depends where you are.
Democrats, because of the passage of the health care bill and their focus on fake financial reform, will definitely lose control of the US House of Representatives and the US Senate. Unless they don’t.
Looks like a losing day on the street today. We will close lower unless the market turns around after 12PM.
and, finally…
GasBag is a completely worthless TOOL. We have definitely confirmed this and an announcement could be made anytime now. Back to you, Liz….
@8: and? The WSJ did write that same story a day after CG. I love poking fun at “Mr. Situation is Fluid” as much as anyone, but this is one story he hit first.
@19 that made me chuckle
@19 nice
@18 more like Bess and SC. get it right.
@19 There is news breaking on CNN and MSNBC but no one cares.
Dickweeds!
What a HUGE ballpark! Bigger than Yankee Stadium.
yes, my son, good work.
Edited!!
Total bullshit. You heard it here first.
yeah @18, stop being such an idiot and go back to day trading.
CG @3,
I am the only one licensed to provide insights around here. So GTFO
Anal_yst
We look at the scandals of repaying American taxpayers with their own cash. We also check out the headlines on Lloyd ‘I’m Too Mysterious’ Blankfein, Bernie ‘I’m Just a Market Maker’ Madoff and Warren ‘I Love My Goldman Investment’ Buffett. In the second half of the show, Max interviews investment adviser, Michael Krieger, about “America’s Disneyland and Neo-feudalistic, Gulag Casino Economy,” financial war between the US and China; and about which nation will be the first to back its currency with gold.
http://tinyurl.com/28dwwwp
I don’t understand how Lloyd can possibly, legally quit. Isn’t his scrot in it’s own right too big to fail?
Talk about containment domes….
Bess loves her *cat*
I hope Fox expands The Thug’s reporting responsibilities. I’d like to see him do some reporting live from Greece. CG would be the perfect guy to cover the rioting.
Anal_yst, any thoughts on your insights?
Mike Duvally is this true? Is LB willing to assume the fetal position, cry uncle, and let Mary Schapiro have her way with the Death Star?
Wow! First of all, taxpayers have coughed up tens of trillions of dollars. Secondly, Ted Nugent will certainly not be happy with this!
Hey Gang……let’s hear it for those who went to the polls and gave us the wonderful leadership we call (you name it) in D.C. I think Sen. Levin………..shitty…..good.
@40
Please be more specific, can’t read between the lines of your juvenile innuendo.