Lloyd Blankfein

Goldman Posts Loss, Downgraded by Moody’s 

Goldman Sachs Group [stock GS][/stock] on Tuesday posted a $2.29 billion loss, -$4.97 per share, during its fiscal fourth quarter — the first quarterly loss since the firm went public in 1999 and a sign that the nation’s credit crisis has yet to run its course at major investment banking operations. Goldman earned $3.17 billion, $7.01 per share, in the year-ago period.