Goldman Posts 84% Rise in Earnings

[buzzsaw_23]

Goldman posts 84% rise in earnings
By David Wells in New York
Published: September 20 2005 13:57 | Last updated: September 20 2005 18:18

Goldman Sachs on Tuesday said third-quarter earnings surged 84 per cent from a year earlier as its investment bankers delivered their highest revenue in four years and its traders seized opportunities in the equity, credit and currency markets.

The Wall Street bank also announced a $7.1bn stock buy back that Thomson Financial said would rank as the largest ever in the investment banking sector.

http://news.ft.com/cms/s/54399068-29d3-11da-b890-00000e2511c8.html


From d.a. levy
"Really"
                     the police try to protect
                     the banks - and everything else
                     is secondary"