Goldman Remembers How To Mint Money
Did Goldman just rediscover the magic?
Wall Street's most "revered" firm turned in a set of results on Monday morning in the US which looked more like "old" Goldman than David Solomon's new Goldman. It's fair to suggest shareholders vastly prefer old Goldman. New Goldman went over about like New Coke.
Note the scare quotes I used around the word "revered." I can't use that word (or any synonym) to describe Goldman unless I include an asterisk. Some readers demand I acknowledge the ostensible v