W WINS ANOTHER ONE:

Goldman Reports Big Profit, Beating Forecasts (GRAHAM BOWLEY, 7/15/09, NY Times)

Comfortably beating analysts’ forecasts, Goldman Sachs earned second-quarter profits of $3.44 billion, or $4.93 a share, the bank announced on Tuesday.

The results continue a robust turnaround for the firm since it rode out the final tumultuous months of 2008 with the help of a federal rescue. They come just one month after it paid back its $10 billion in federal aid.

No thanks to the House GOP.

Posted by Orrin Judd at July 14, 2009 8:19 AM