Controversy surrounds Goldman success
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Within minutes of Goldman Sachs unveiling its latest results - the numbers began to attract a mixture of admiration and controversy.
The US bank reported a net profit of $3.44bn (£2.1bn) in the April to June period from record revenues of $13.8bn.
Those figures are pretty staggering given that just six months ago it saw its first quarterly loss since going public in 1999.
Along with its rivals, Goldman had been battered by an economic crisis not seen since the Great Depression and the Wall Street institution was forced into taking $10bn in federal aid.
But that loan, under the Troubled Asset Relief Programme (Tarp), has now been paid off as Goldman begins to operate free from state shackles.
The US bank reported a net profit of $3.44bn (£2.1bn) in the April to June period from record revenues of $13.8bn.
Those figures are pretty staggering given that just six months ago it saw its first quarterly loss since going public in 1999.
Along with its rivals, Goldman had been battered by an economic crisis not seen since the Great Depression and the Wall Street institution was forced into taking $10bn in federal aid.
But that loan, under the Troubled Asset Relief Programme (Tarp), has now been paid off as Goldman begins to operate free from state shackles.
