5min chapter

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What Goldman's Earnings Miss is Warning Markets About

Market Depth

CHAPTER

The Difference Between Goldman Sachs and JP Morgan Stanley

Howard Kurtz: Goldman typically is, you know, the biggest earner out of, out of the other ones. Especially as it relates to fixed trading. He says everyone else did phenomenally well in first quarter except for Goldman. The difference really is each bank's respective client base mix and what kind of exposure they have with hedge funds, he says. Kurtz: If there's too much volatility, it makes having to do that process very difficult.

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