Goldman Sachs Sees Profits Plummets Amid Consumer Pivot
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It will always be known on Wall Street as the day the music died.
First, we learned that Goldman Sachs saw its profits slump 33% in its latest quarter, as the bank continues retreating from the consumer banking sector and its property investments ring up over $200 million in losses. Then came the shocker: CEO David Solomon publicly announced an early retirement from his beloved second career as a DJ.
Source Fool.com
