It's official: Goldman Sachs is beginning to see the calm after getting hit left and right with some thunder and lightning from this robust economic storm. Not only has the bank already untied itself from the borrowed tax payer's money of $10 billion (as they've already paid it back), but as of today its second quarters earning has been confirmed.
The foreseen profit has exceeded expectations by almost half as much as what was banked as of last year with a 33 percent quarter revenue. By now the bank has already saved its employee salaries for the year, as well as having put money aside for the infamous bonuses and benefits thus far, (oh let's not forget those controversial bonuses). Not only has this money machine risen from the dead, but it has now positioned itself to be ahead of the game.
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