Goldman Profit Tumbles on Real Estate Hits, Deals Slump
Bloomberg Businessweek
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Goldman Sachs' Worst Quarter Ever
Goldman Sachs had a terrible quarter. Earnings down to 1.2 billion. Return on equity was 4%. The worst among the big banks. J.P. and Morgan did 20%. But, this was a noisy quarter. There were various elements of the Goldman Sachs machine that were not firing on all cylinders.
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