Wednesday, July 15, 2009
Binyamin Appelbaum, Washington Post
Binyamin Appelbaum, Washington Post
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.
Posted by Editor on 07/15/09 at 06:24 AM •
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