Goldman Sachs earnings soar 91%

The World

Goldman Sachs released its first quarter earnings this morning: a 91 percent increase of $3.46 billion. This comes just days after the SEC announced a suit against the company for fraud. Yves Smith, author of the Naked Capitalism blog, joins us to talk more about the company’s earnings, and how they stand next to accusations of practices that defrauded investors.

Will you support The World?

The story you just read is not locked behind a paywall because listeners and readers like you generously support our nonprofit newsroom. Now more than ever, we need your help to support our global reporting work and power the future of The World. Can we count on you?