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“Goldman Sachs has not had half the problems other Wall Street firms have had and Blankfein deserves credit for that. Why should he be under any pressure to step down now?” |
Goldman Sachs’s first-quarter earnings beat analyst expectations. The firm reported revenues of $11.9 billion for the quarter and earnings per share of $1.56, exceeding some estimates by $2 billion and 40 cents respectively. However, results were down on the first quarter last year and the firm’s stock performance continues to disappoint.
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