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June 17, 2013
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 Goldman Sachs’ Profit Takes a Major Plunge in Q2Posted on Jul 20, 2010
Those of us who have stood aghast and watched as Goldman Sachs seemed to sail almost unscathed through the erupting economic catastrophe of the last two years (thank you, bailout!) might stop now for a moment of pure schadenfreude, as the megabank’s profits took a precipitous dive in the second quarter of this year. —KA
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By PatrickHenry, July 20, 2010 at 2:18 pm Link to this comment
They had to take a $550 million dollar hit on the quarterly profits.
Just a drop in the bucket of the billions in pension funds they colluded on, shorted and free marketed out of individual accounts.
Report thisBy rico, suave, July 20, 2010 at 1:14 pm Link to this comment
How is it possible that Goldman’s profits have suffered so much? To read truthdig, you’d think that since Goldman runs the entire fucking planet, endless, increasing profitability would be inevitable.
Schadenfreude indeed!
Report thisBy samosamo, July 20, 2010 at 11:07 am Link to this comment
****************
Great, but are the criminal thieving bastards being held
accountable(prosecution and punishment) for their crimes and
have our congressional complicit criminals done ANYTHING to
stop this ongoing grand larceny(performing their duties as the
constitution states) which even though it may have taken a drop
is still in operation, with plenty of thankful members of our, the
people’s government.
Crap, once again, I am supposed to be ‘overly grateful’ for small
Report thispiddling favors.