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Goldman Smashes Estimates With 33% Jump In Revenue

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Goldman Smashes Estimates With 33% Jump in Revenue

Goldman Sachs Group reported an 33 percent rise in quarterly earnings on Tuesday as a strong gain in trading was offset by a one-time charge to repay government loans.

Wall Street's largest surviving investment bank reported net income for common shareholders of $2.7 billion

:blink:

Linky

Manipulating the markets seems quite profitable <_<

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Guest DissipatedYouthIsValuable

Investment bank which is government uses market it has rigged to gamble for QE money, to pay back loan of other QE money. Success inevitable.

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:blink:

Linky

Manipulating the markets seems quite profitable <_<

aren't we proud of these superior bankers who are able to make profits..its almost as if they were making the figures up and conning us all. God forbid, of course they're not..its just that they are so clever.

well done goldman ...shall we all stop bending over now?

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thats about 30p from every man woman and child in the world.

nice to take a half days earnings from 20% of the poorest.

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what can you say - except well done - one must commend one on a thoroughly marvellous job

effin ell - we all have know how GS got these record profits

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what can you say - except well done - one must commend one on a thoroughly marvellous job

effin ell - we all have know how GS got these record profits

seasy,

they issued lots of invoices for work done for the US Government.

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Aren't we all relieved that Gordo-the-Great bailed them with a little gold dumping last decade, otherwise they might have gone under

& the world would now have been be a poorer place

:unsure::blink:

They are now an example to us all

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Aren't we all relieved that Gordo-the-Great bailed them with a little gold dumping last decade, otherwise they might have gone under

& the world would now have been be a poorer place

:unsure::blink:

They are now an example to us all

add to that, that the tarp funds they received to keep them in the game at all, provided them with virtually zero cost capital with which they could lever up on gambles.

10bn over a year or so could yeald a lot of income......all free.

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