Back to big profits for Wall Street powerhouse (AP)

I wonder how much of this is just TARP money sitting in accounts drawing interest. Good earnings that is.

Golly, gee, grandma! Looks like all I have to do is give the couple of hundred bucks I have left to my name to the one bank that really knows how to make money and soon I will be rich! Boy oh boy. That fancy suit and tie crowd should be running the whole show, so we would all be in the pink. Let's see: groceries vs. investing; gas vs. investing; rent vs. investing (well, I don't have enough for the rent so guess I'll just invest what's left after food and gas and insurance and phone and utilities). Hmmmm. Guess I will have to wait until next month when I don't have enough for anything else except good old Goldman Sachs. Then, all will be well.

Well If The Banking System,Wall Street and Financial Insitutions Have Been Given The Green Light To Fix Their Financial Sheets To Remove Toxic Assets (Hedge Funds, Foreclosures,..etc) They Appear Profitable, Given A False Impression Of This Economy!

Given The Billions Of Dollars By The Government,

Do you Really Think We Can Trust These Reports???

Please ensure that Goldman Sachs send any letter on time for any merger & acquisitions in Singapore for any investors. The Temasek holding and StatChippac where Goldman Sachs was managing in the past.

bonikingv
Jumahat Amin Bin Abdul Majid

Since they turned a profit based on my money given to them in the form of a loan (TARP), I would like a check please reimbursing me with interest. GS can apparently do this now based on their stunning performance.

How much did the goverment pay them to give this false report?

Winners and losers, one company's profit is another company's expense.
The ultimate plan comes comes true, redistrubute the wealth of the small business to the large business.

It all sounds a bit suspicious to me. All of their competition is in the toilet, Lehman went bust, so how did they manage this huge profit in such dire times, the worst since the Great Depression according to Obama and Company.

We are being deceived. 3 big NY papers had a front page headline about Harry Potter. That's news???? When things are bad, they give us entertainment and call it news.

Success!!!

At the taxpayers expense... Ah isn't the new form of capitalism wonderful...

Wow great to hear that those wall street crooks are doing great while normal americans suffer. Crooked bankers, crooked politicians the whole lot of them.

This really is good news, contrary to the negativism of the last weeks
go America go !!!!

I think it's because they were allowed to shed their bad loans into a toxic bank account. Not really knowing alot about the banking system. If you are allowed to cut away all the bad loans you make, does this make you any better at running the same company? Is it just more of the same smoke and mirrors to get people back into the market. Don't buy into it!

TARP is being paid back. Too bad, American will not see a dime from the money given to GM.

The obamaturds should be outraged as this seems to me to be class warfare! But even though their loved leader has stolen taxpayer money and given to his wallstreet buddies, obamaturds will say "we need to give him a chance." See what you got obamaturds! You not only got status quo, you got a dictator who's blatantly destroying your country in front of you! See you in the fema concentration camps, soon!

In the new world order, tax dollars=earnings.

Nice set up Goldmen Sachs got from the Bush administration, and now they have managed to wipe out their competition witht he help of the Feds. Now that the GOP has their scape goat with Obama, it comes out looking like "Normal" business. The most complex plans that are air tight take years to develop.

Me thinks this stinks!!! This and other banks coming out of govt. control so quickly, makes me wonder just how much control these people have over our economy??? These finincial wizzards brought this mess on us and I think they should be paying into our economy for along time to pay us back for it!!! Time for much more control over thes banks, by the feds!!

Goldman Sachs is the Federal Reserve, Plain and Simple. This article is purely Propaganda. Goldman is running your life. ,,,Slave
Unless you realize this, us as a Nation, will never recover from the escalated tyranny we are experiencing. Bernanke and Geithner are both (ex.) Goldman Sacks executives. You are being run by evil. Research and know the Truth.

these are some of the clowns who are doing their best to run the price of oil up...try reading some of their forecasts......pure fiction

This is President Obama making good on his promises 6 months in. I can only imagine what it will look like 12 months in. Can we say, crises averted?

Well, now we need to find a way to tax the hell out of those profits. These wall street types think they can just use our money and make profit and have a good old time with it. I say raise the tax rate on profits to 75%. Stop rewarding the jerks on wall st who don't do any work, but seem to make money anyway. Profit is the most evil part of capitalism. If we could simply get rid of the profit motive, capitalism would work just fine. (tic)

Some idiot that use to work for Goldman as president, Hank Paulson, bailed them out with taxpayer money while letting little people go broke. Then he bailed out AIG so they could pay Goldman insurance money on bad investments. Oh, what a surprise, the company survived while others were allowed to fail. Part of the Busch plan for helping the wealthy.

I am not surprised. I guess that before leaving Paulson made sure his buddies at Goldman were in a good position. Its good to see how our money is making them billions. Now government GIVE US BACK OUR MONEY.

hold on guys. come back later. i can't comment on this story yet. i have to turn on rush limbaugh to see what he thinks. then, i will listen to fox news and find out if hannity thinks this is ok. then, i will see what joe "the fake " plumber has to say. and then i will go to sarah palin's website because she is an expert on economics

For all you partison political types. That is what the powers want you to do, blame GOP and Dems when they are the same. Keep your mind on the rivalry while we take your Nation. Oh, BTW, what's on reality TV tonight? While they take your Nation SLAVE! Get your head out of your you know what, and start researching into what is happening. You are being robbed into slavery. You do not realize it yet...But you will soon.
Learn the word Political Atheist. That is what you should be from here on out.

The jews will save us! God's chosen!

YO.....this is totally off point but just wondering..........is Michael Jackson still dead? haven't heard anything about him for 3 days now. thank you for any forthcoming info.

socialize risks, privatize profits! USA! USA!!! bonuses all around!

WELL I WONDER WHY THIS ONE OF TWO COMPANYS OBAMA HAS PROPED UP.GE IS THE OTHER.I GUESS THE 15MILLION DOLLARS THESE TWO COMPANYS PAID TO HIS CAMPAIN DID NOT HAVE ANY THING TO DO WITH THIS AND THEY TALK ABOUT CHANEY .THERE WERE NO BIDS FOR THESE COMPANYS TO GET THE WINDMILL CONTRACTS NOR WILL THERE BE

"Even though Goldman Sachs Group posted a solid quarterly profit, investors kept the stock near break-even at the open."
Even the clowns on wall street are getting wise to the smoke and mirrors. The AP (Associated Propoganda) has really gotten pathetic with their spin. They truly believe the people are complete idiots. Goldman is Timmy Geitner's alma mater, of course they're on the take. I've had more than one financial analyst tell me, if you have any money at all tied up in stocks or your 401K's, better reconsider.