Goldman Record Year Shows New Wall Street in Shakeout (Update1) (Bloomberg.com)

Story date: 2007-10-08 07:04:41
Added on: 2007-10-08 08:59:46

Oct. 8 (Bloomberg) -- Somewhere in the wreckage of securities backed by subprime mortgages and the resulting seizure in the credit markets, is a new paradigm on Wall Street where Goldman Sachs Group Inc., increasingly perceived as the world's biggest hedge fund, will report record earnings for 2007.


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