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Goldman Tops $3B in Profit, Blows By Estimates

Bank triples profit last year, sets $5.3B aside for pay, bonuses

By Jason Farago, Newser Staff

Posted Oct 15, 2009 7:13 AM CDT

(Newser) – Goldman Sachs is even more golden than we'd thought. The top firm on Wall Street posted a record third-quarter profit of $3.19 billion, a billion dollars higher than expected, thanks to returns on advising on takeovers and more aggressive investing. That quarterly result more... Read full story »

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Goldman Tops $3B in Profit, Blows By Estimates

Bank triples profit last year, sets $5.3B aside for pay, bonuses

executive compensation • Goldman Sachs • earnings reports • third quarter earnings • Lloyd Blankfein

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More Newser Stories

Goldman Posts $428M Loss

It's the second time it's ever lost money as a public company

Once-Reserved Goldman Turns on the Charm

Ahead of record result, normally reticent bank puts on a smile

Nuns Rap Goldman Sachs Fatcats for Pay

After Lloyd Blankfein's compensation almost doubles to $19M

Goldman Earnings Jump 91%

Meanwhile, British launch piggyback fraud investigation

Wall St.'s Top Bonuses Go to No-Names

Lloyd Blankfein's pay looks puny compared to John Stumpf's

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