http://www.sec.gov/Archives/edgar/data/886982/000095012307013636/y40224e10vq.htm http://www.sec.gov/Archives/edgar/data/72971/000095013407022973/f35144e10vq.htm I find the WFC much more clearly written -- seems much easier to understand the profit model at WFC. Look at goldman's assets under control -- something like a notional trillion dollars. What blew me away at this latest report is GS' 'interest income'. That is the bulk of their earnings. Makes the 'investment banking' portion look like child's play. Is this from all the CDS they are short against zero collateral? [ie just collecting free risk premiums from CDS buyers] Any sharp balance sheet readers (err professional CPAs) care to try to scrutinize these and make a discussion of these? I'll admit I don't understand much of whats on the GS book, and would like to see if any seasoned pros would like to pick it apart.