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In addition, according to Louise Story at the New York Times, Goldman Sachs had hedged the exposure to the CDO it could not unload by buying insurance and, in the end, offset the losses it claims to have suffered.
FORBES: Round One: SEC 1, Goldman 0
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Some end-of-the-month buying interest was offset by better investor risk appetite in the market place drawing away some interest in the safe-haven precious metals.
FORBES: Comex Gold Ends Near Steady as Better Investor Risk Appetite Offsets End-of-Month Buying
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Alcoa CE, Klaus Kleinfeld acknowledged that substantial headwinds, like rising energy costs and volatile currency markets, had an impact, but were offset by higher prices driven by strength in end markets.
FORBES: Pricing Power Offsets Costs As Alcoa Beats Estimates
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They will either expire as planned at the end of 2008, or lawmakers will have to find a way to offset their costs.
FORBES: Magazine Article
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The furloughs had been expected to continue through the summer tourist season but will now end June 1, because the agency was able to find other savings to offset mandatory cuts, the National Park Service said Friday.
NPR: Furlough Friday: Unpaid Day Off For Many In Gov't