Goldman Sachs Earns $1.74 Billion for 3rd Quarter
Goldman Sachs has done it again. The controversial investment banking firm has once again managed to pull off record earnings during troubled economic times. Earnings approaching $2 Billion for the third quarter have exceeded even analysts expectations. This is in stark contrast to Bank of America which reported losses of $7.65 Billion for the third quarter.
Goldman Sachs repaid the government TARP funds last year and set aside an additional $6.65 Billion for employee salaries and bonuses. 2010 appears to be another golden year in this little corner of the financial services sector.
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Posted on October 19, 2010 at 8:57 am by salaryfor.com · Permalink
In: Business Stories · Tagged with: Bank Of America, Economic Times, Employee Salaries, Financial Services Sector, Goldman Sachs, Investment Banking Firm, Losses, Record Earnings, Salary Information, Stark Contrast
In: Business Stories · Tagged with: Bank Of America, Economic Times, Employee Salaries, Financial Services Sector, Goldman Sachs, Investment Banking Firm, Losses, Record Earnings, Salary Information, Stark Contrast
