Update: Timing is everything in Goldman Sachs' disclosure of its latest 1MDB settlement

Was it really a subsequent event or could Goldman Sachs have said more sooner?

Update, Tuesday November 3: As I predicted here, Goldman Sachs’ 10-Q filed late Friday night and available to the public on Monday morning, November 2, reported the 1MDB settlement as a "subsequent event" and reported a 70 cent decrease in EPS. That’s a material adjustment to its earlier earnings report.

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