Opening Bell: 01.21.10

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Goldman Posts Quarterly Profit Of $4.95 Billion (GS)
The bank beat expectations of $5.20/share with $8.20/share and did not set aside any money for compensation during Q4, instead giving $500 million to charity. Blankfein said Goldman's strong results, "as well as recognition of the broader environment, resulted in our lowest ever compensation to net revenues ratio," so FUCK OFF.
Proposal Is Set To Curb Bank Giants (WSJ)
It couldn't be learned what precise limits the White House will endorse, or whether Mr. Obama will spell out the exact limits on Thursday.
Buffett: I am not buying more Posco shares (Reuters)
"I think I have to brush up on my Korean a little bit," WB told CNBC. "I said that I like the company a lot, and I said I wished I bought more when it was a lot cheaper within the past year ... It's a wonderful company, but I don't have plans to buy more."
At The SEC, The System Can Be Deaf To Whistle-Blowing (WaPo)
Harry Markopolis, perhaps you know what they're talking about?
Conan O'Brien Reaches $45 Million Exit Deal (AP)
Under the deal, which came seven months after O'Brien took the reins from Leno, O'Brien will get more than $33 million, NBC said. The rest will go to his staff in severance.

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