Market Watch - Goldman to lose $2 Billion in 3rd Quarter

Goldman Sachs Group Inc., is likely to report a fiscal fourth-quarter loss of as much as $5 a share, five times the current analyst consensus, The Wall Street Journal reported. The expected loss for the quarter ended Nov. 28 would be the firm's first quarterly deficit since it went public in 1999, the Journal reported. The company will write down the value of assets in private equity, commercial real estate and more, the Journal reported.