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Goldman Had An Interesting Quarter
Headed into Q2 results Wednesday, it was just a matter of how bad Goldman's report would be. And please, spare me any grief for that characterization. I'm being nice. Mike Mayo told Bloomberg at one point last week that "probably half a dozen items [will] fall into the weak, bad or ugly category."
There was no chance the report would be good, or at least not from a profits perspective, and certainly not by the firm's standards, which are high to put it mildly.
Goldman made no secret of this. I
