by Calculated Risk on 12/18/2007 12:27:00 PM

From MarketWatch: Goldman's 'horrible' Nov. points to more credit losses: CNBC

... Goldman Sachs ... suffered through a "horrible" November, in a signal that the credit crunch may continue, CNBC reported Tuesday ... the business channel reported that Goldman recently endured the worst two weeks in the company's history.

This follows this mornings news: Goldman Sachs again outpaces expectations

Goldman Sachs on Tuesday posted fourth quarter earnings that were well ahead of analyst estimate ... highlighting the firm's ability to manage risk and outride rivals in one of the toughest markets in memory.

Goldman's Q4 ended in November, so that included the "horrible" November.