Goldman Sachs Bank Loses $1.2 Billion in Interest Rate Derivative Bets

[gdale6]

https://wallstreetonparade.com/2019/12/goldman-sachs-federally-insured-bank-loses-1-2-billion-in-int...

[Anonymous]

Wow. Here we go again.

[Anonymous]

As good Americans we need to do our part in shoring up the banking system! No whining please?

[gdale6]

Interesting comments from them as they lose this money. I have decided to pull my money from their high rate savings and go elsewhere, not going to be caught holding the bag.

https://www.cnbc.com/2019/12/31/goldman-sachs-is-saying-the-economy-is-nearly-recession-proof.html

[M_Smart007]

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@gdale6 wrote:

Interesting comments from them as they lose this money. I have decided to pull my money from their high rate savings and go elsewhere, not going to be caught holding the bag.

https://www.cnbc.com/2019/12/31/goldman-sachs-is-saying-the-economy-is-nearly-recession-proof.html

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Very wise thing to do!