Ask the Times

Published January 22, 2007

With so much in the news about executive bonuses, what is the Goldman Sachs Group and what does it do?

Goldman Sachs, founded in 1869, is a global investment banking, securities and investment management firm with headquarters in New York. It is also active as a trader in financial and equities markets. Last year its net earnings were $9.54-billion on revenues of $37.67-billion.

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