The numbers are in: Goldman Sachs made money every single day in the quarter ended March 2010, and at least $100m on 35 of those days, according to the former investment bank’s latest filing with the SEC.
Here’s the relevant chart from their 10-Q:
Unfortunately for Goldman, it’s far from certain that stellar performance will quell the angry shareholders queuing up to file lawsuits alleging, among other things:
breach of fiduciary duty, corporate waste, abuse of control, mismanagement, unjust enrichment, misappropriation of information and insider trading, and challenge the accuracy and adequacy of Group Inc.’s disclosure…
Related links:
Goldman’s Q1 results – analysts react – FT Alphaville
Is Goldman’s luck about to change?- FT Alphaville
Goldman beats its record for $100m-plus days in 2009 – FT
