Rumor has it they have a big short position they are trying to “urge along.” I do not know if this is true.
Keep in mind they just downgraded C after it has fallen 43%, so their timing is at the very least very suspect, and at the worst criminal. Do not hang your hat on this call just because it is GS. By the time all of this is over, we may be surprised at the depth of deceptions even in places like GS. There is alot of massaging of numbers going on right now from the Federal government on down to individual companies, IMO.