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Tuesday 19 July 2011

Lloyd Blankfein Can't Leave Goldman Sachs Yet Because He's Needed ...

Revenues in the Fixed Income Currency and Commodities run the client $ 1.60 million, a decrease of 53% in the second quarter of 2010, which is significantly lower results in mortgages, commodities and interest rate products. A high degree of uncertainty and lower levels of cash during the quarter contributed to the difficult market situation, decision, particularly in mortgages and products, and has prompted the company to operate normally low level of risk. In addition, 
net foreign exchange earnings declined slightly, and a net profit of loan products has remained essentially unchanged versus the second quarter of 2010. During the quarter, leading fixed income, currencies and conduct client turnover in a complex environment that affects the broad market, reflecting the uncertainty somewhat lower activity. The effect of these macro issues was more pronounced in the franchise business in Asia and Europe
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