Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,833
12%  
Woo hoo!! And now less than $4k to reach 13,500 by the end of Jan 15th!! Thank you all very much!! God bless.

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  • Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback, Commercial Real Estate

    07/19/2023 5:44:43 AM PDT · by NautiNurse · 22 replies
    WSJ ^ | 19 July 2023 | AnnaMaria Andriotis
    Goldman Sachs reported significantly lower profit for the second quarter, hurt by write-downs in its consumer and asset-management businesses. The bank on Wednesday said quarterly profit was $1.22 billion, down 58% from a year ago. That amounted to $3.08 per share, which missed the $3.16 per share expected by analysts polled by FactSet. Revenue was $10.9 billion, down 8% from a year ago. That still beat the $10.61 billion expected by analysts. Goldman is the only one among its big-bank peers to miss per-share earnings expectations. And while Citigroup and Morgan Stanley also reported profit declines, Goldman’s was the biggest....