Goldman Sachs changes definition of quarter

"Goldman Sachs announced a huge jump in profits from fourth-quarter 2008 to first-quarter 2009. But as analysts quickly noticed, Goldman changed its definition of “quarter” (in response to a change in its legal status), so that — I kid you not — the month of December, which happened to be a bad one for the bank, disappeared from this comparison," according to Paul Krugman.

Banks are back to doing what got them in trouble in the first place.