Wednesday, July 15, 2009
Binyamin Appelbaum, Washington Post,
Submitted by: Editor
Binyamin Appelbaum, Washington Post,
Submitted by: Editor
Goldman Sachs Earnings Easily Surpass Expectations
Due to the decimation of its rivals, Goldman Sachs yesterday reported the largest quarterly profit in its history as a public company, $3.44 billion between April and June.
The New York firm is only months removed from a federal rescue that included emergency approval to become a bank holding company, $10 billion in direct federal aid and help to borrow billions more to finance its operations.
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Posted by Editor on 07/15/09 at 11:24 AM •
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