Goldman suffers 10 days of trading losses in Q2News added by ProWEB Media on August 9, 2010
Gary Linnell

ProWEB Media

Joined: December 27, 2005

Goldman Sachs Group Inc reported 10 days of trading losses during the second quarter, with three days of more than $100 million in trading losses, according to the company's quarterly report.

During the first quarter, Goldman experienced zero days of losses, and no trading days below $25 in revenues.

During the second quarter, the bank reported 17 days with more than $100 million in trading revenues, and 12 days with revenues between $0 million and $25 million.

The company's results largely mirror those of Wall Street, as the S&P 500 Index shrank 12 percent during the second quarter.
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