In Their Wildest Dreams: Goldman’s Record Payday
The financial markets were in a frenzy yesterday after rumors started circulating about Goldman Sachs’ earnings. Most analysts were expecting a record $2 billion in second quarter profits from the investment bank. Now the numbers are out and Goldman’s profits are even bigger than expected: $3.44 billion dollars profit from March through June. Ed Welsch, a markets reporter for the Dow Jones Newswire, joins The Takeaway with more on this story.
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