It’s Nice To Be Rich: Big Banks Are Raking In Profits In The Stock Market

More so than other big banks, Goldman Sachs depends on stock and bond trading to make money, and the financial markets were the place to be in the second quarter. Richard Drew/AP hide caption toggle caption Richard Drew/AP More so than other big banks, Goldman Sachs depends on stock and bond trading to make money,…

It’s Nice To Be Rich: Big Banks Are Raking In Profits In The Stock Market

More so than other big banks, Goldman Sachs depends on stock and bond trading to make money, and the financial markets were the place to be in the second quarter.

Richard Drew/AP

hide caption

toggle caption

Richard Drew/AP

More so than other big banks, Goldman Sachs depends on stock and bond trading to make money, and the financial markets were the place to be in the second quarter.

Richard Drew/AP

The economy is tanking across the country, with layoffs and bankruptcies as far as the eye can see. But the richest sliver of the country continues to do quite well, thank you. The latest evidence came Wednesday morning, as Goldman Sachs, the bluest of blue chip banks, said it’s raking in money on Wall Street. Wh
Read More From Publisher