The New York-based bank's second-quarter profits are up nearly $1 billion over the same period last year.
In a riveting article by The Center for Investigative Reporting, authors James B. Steele and Lance Williams detail how indebted students suffer as others cash in.
The bankrupt city is looking to cut its already underfunded retirement benefits; given the current economic climate, perhaps it's time for the affordable housing options that were used in the last century to make a comeback; meanwhile, Pope Francis' new banker, hired to clean up the Vatican's messy accounts, comes with sex scandals of his own. These discoveries and more after the jump.
Do we write words of mourning? Or do we write words of resistance? Those two braids have joined and from now on will flow together -- in our age of the Anthropocene.
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.