Hi there,

From our first broadcast nearly 30 years ago, Democracy Now! has always been fiercely independent. Over these last 3 decades, our daily global news hour has been a source of truth in a media landscape all too often bought by commercial interests. Can you start a monthly donation? Monthly donations are the lifeblood of Democracy Now!.Thanks to a group of generous donors, all monthly donations started today will be DOUBLED, which means your $15 gift is worth $30. If you believe that freedom of speech and freedom of the press are essential to the functioning of a democratic society, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Goldman Sachs Posts Record $3.44 Quarterly Profit

HeadlineJul 15, 2009

The investment bank Goldman Sachs has posted the richest quarterly profit in its 140-year history. On Tuesday, Goldman announced it made $3.44 billion between April and June. The record profits come just one month after Goldman repaid $10 billion of TARP money to the US Treasury, freeing itself from restrictions on year-end bonuses. Last year the firm also received $13 billion as part of the bailout of the failed insurance giant AIG and $28 billion in low-interest loans. We’ll have more on Goldman Sachs later in the broadcast.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top