Oct 20, 2010
A profit at Goldman Sachs?
A final note on the way out this afternoon. We started today with Bank of America's earnings. The country's biggest bank has set aside more than 5…
A final note on the way out this afternoon. We started today with Bank of America’s earnings. The country’s biggest bank has set aside more than 5 billion dollars to guard against credit losses.
What we didn’t mention is that Goldman Sachs reported profits today too — with its own set-aside.
$3.8 billion.
Theirs is for compensation, though.
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