iBankCoin

The Goldman Sachs Company Has the Most to Lose From BREXIT

Well, well, well, look what we have here. All roads lead back to Goldman. From palace gates to the backwater slums of confederate America, the boys from Goldman Ballsachs have their dirty fingers in everything.
brexit

In a research report concocted by KBW and JP Morgan, it says, clearly so, that after England votes to leave the EU–over the next two years of transition earnings would be gravely impacted in a litany of banking houses. Naturally, this is cause for great sounding alarm bells. We should all shame the British people into voting to remain in the catamite loving EU, in order to prevent the wanton starvation and deprivation of the Goldman employee roster.

Estimates for 2017 earnings per share for JPMorgan would drop by 6.7 percent to $5.96 in the event of a Brexit and by 7.9 percent to $16.76 for Goldman Sachs, KBW said.

“We’d expect the banks to experience both revenue and expense headwinds” during a two-year transition period, the analysts said in the note. The analysts wrote that longer term, the impact for the banks would “be a wash.”

One side note speaks to the whole mess and ordeal being ‘a wash’ longer term–one big ole grand misunderstanding. But remember, IN THE SHORT TERM, heinous drawdowns and economic hardship beckon if in fact the people of England vote to leave the EU.

A vote to leave is a vote to starve the partners at Goldman…of gratuitous amounts of hookers and cocaine while on their ‘business trips.’

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4 comments

  1. it is showtime

    The avg citizen should be scaredashell what’s going on with their equities. A down day representing some of the uncertainty a healthy market should contain is yanked a 360 by its master when every few days an additional major intl bank releases analysis on dire market levels and projections? You guys are so-being-played. Indexes -don’t- need to be this high -lol- They just -lol- don’t [Yet these controllers are such good caretakers they are putting it dow+100 +25 isn’t enough they really need +100 and you are all falling for it]

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    • btn

      S&P has fallen for 5 straight days (today would ahve been 6). You really think bear markets don’t have up days?

      Also, if you want to mock bulls directly (“you guys”), shouldn’t you do it on a *bullish* blog?

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  2. btn

    Interesting piece, Fly

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