The real price of Goldman’s giganto-profits (Matt Taibbi)
The real price of Goldman’s giganto-profits Matt Taibbi Equity underwriting boomed during the period as dozens of banks raised money to strengthen capital and repay Troubled Asset Relief Program funds. The business reported record revenue of $736 million.via Article – WSJ.com. So what’s wrong with Goldman posting $3.44 billion in second-quarter profits, what’s wrong with the company so far earmarking $11.4 billion in compensation for its employees? What’s wrong is that this is not free-mark