Goldman Sachs Reports 2nd Loss in its History

intro: Just after the Occupy Wall Street protests celebrated its one-month anniversary, third quarter earnings season continued with Morgan Stanley, which reported net income for the third quarter rose to $3.77 billion. It is unclear how the Volcker rule, which proposes to ban banks with insured deposits from "high-risk," short-term trading with its own funds, will affect banks' financial results. David Hilder, analyst with Susquehanna International Group, said Goldman Sachs and Morgan...Full Story
Commenting on this article is closed.