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Goldman Sachs and Other Banks Report “Perfect” First Quarters

HeadlineMay 12, 2010

The New York Times reports the nation’s largest banks managed to make money from trading every single day during the first three months of the year. Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase all finished with what is known as a perfect quarter — they went without losing money on a single day. The Times reported perfect trading quarters on Wall Street are about as rare as perfect games in Major League Baseball.

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