And here it is: Goldman, like cream, rises to the top

Goldman Sachs Rakes in Profit in Credit Crisis
While other firms tumble and fall, Goldman rises with profits from their hedges against toxic mortgage backed securities.

Meanwhile,

Fed fund futures show traders see a 90 percent chance the central bank will reduce its target a quarter-percentage point to 4.25 percent at its Dec. 11 meeting, 67 percent odds of another 25-basis-point cut in January, and a 43 percent likelihood the rate falls to 3.75 percent in March. Policy makers already lowered the target from 5.25 percent in August.

So, unless Bernanke feels like bucking the trend, expect to see further rate cuts, no matter what the other Fed governors say.