Goldman Sachs profit tops $3B on strong trading

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10 | 15 | 2009
Goldman Sachs profit tops $3B on strong trading
Associated Press

Goldman’s image as one of the top players on Wall Street has helped it attract more business throughout the downturn, said Stephen Hagenbuckle, a managing principal of the private equity fund TerraCap Partners. Goldman “continues to get increased market share,” Hagenbuckle said. “Initially it was a lack of competitors, but more recently it’s been their performance.”

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