Legal Costs Mar A Strong Operating Performance By Goldman In Q2

Goldman Sachs did not let weak global debt trading activity over the second quarter affect its revenues for the period, as it leveraged the strength of its advisory, underwriting, and investment management operations to churn out another strong quarterly performance. The premier investment bank did well to report revenues that were roughly the same as the figure for the year-ago period, but a $1.45 billion legal charge from its mortgage-related lawsuit ate up nearly half the profits for the quar...