The powerful Wall Street bank may be facing government fraud charges, but Goldman Sachs reaffirmed itself as one of the most profitable banks in the country Tuesday, announcing quarterly profits of more than $3 billion.
It's good news for the bank, which suffered a hit to its reputation — and its stock price — when the government last week announced it was charging Goldman Sachs with fraud in relation to its brokering of mortgage-related securities.
quarterly profitsGoldman Sachs Says Quarterly Profits Nearly DoubledNPR Programs: Morning Edition Tue, 04/20/2010 - 11:46am
Nintendo Profits Down, Wii Console Sales LowerNPR Programs: Morning Edition Thu, 07/30/2009 - 6:01am
Nintendo's Wii had been on winning streak. The video game was so popular, Nintendo watched its profits triple over the last three years. |
