Skip to main content

Goldman Sachs Shareholder Needs A Xanax

  • Author:
  • Updated:

“I would not at this moment say that any financial services firm, especially Goldman, who was preeminent during that whole time, is out of the woods on this,” said Peter Sorrentino, a senior portfolio manager at Huntington Asset Advisors in Cincinnati, which manages $14.8 billion, including almost 135,000 Goldman Sachs shares. “At this juncture, given the magnitude of what happened, I don’t know what the time window is...I still think we’re one headline away from this stock getting clobbered." [Bloomberg]