Goldman Sachs reports second quarterly loss since investment bank went public in 1999
Oct 18th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Goldman Sachs, the biggest US investment bank, today reported a loss of $428m compared with a $1.7bn profit a year ago. The loss in the third quarter was only the second quarterly loss for Goldman since the investment bank went public in 1999.