Goldman Sachs 3Q Profit Soars on Equity Traders, Dealmakers

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Goldman Sachs saw third-quarter profit surge 45% as the firm’s stock traders recorded their best quarter in more than three years and dealmakers pocketed fees that exceeded estimates across every key business line. Jonathan Ferro and Lisa Abramowicz examine the numbers on Bloomberg Television.

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  1. Bloomberg Television
  2. Goldman Sachs Group Inc.
  3. Jonathan Ferro
  4. Lisa Abramowicz
  5. Markets
  6. Profit
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the White Shoe Boys of Wall Street: BlackRock, Vanguard and State Street. And the richest 1 percent own 54 percent of the stock market—up from 40 percent 20 years ago—and when you add in the top 10 percent, they own 93 percent of the equity markets… leaving 3 percent for the plantation workers of Slavelandia.

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