Goldman Losses On Consumer Business Hit A Massive $6 Billion As Bank Scrambles To Exit Credit Card Business Six years ago, when we first described Goldman’s catastrophic foray into consumer banking, we joked that the Goldman of 2008 would be shorting the Goldman of 2018 for that ridiculous idea. Here’s Why The Goldman Of 2008 Would Be Shorting The Goldman Of 2018 https://t.co/SdcJs3i4zO — zerohedge (@zerohedge) May 3, 2018 Fast forward to today when the joke is indeed on Goldman, and the bank’s losses on its now defunct subprime, pardon, consumer lending unit have hit the stratosphere: according to the… — Continue at ZeroHedge News : Read More
Home » Goldman Losses On Consumer Business Hit A Massive $6 Billion As Bank Scrambles To Exit Credit Card Business – Tyler Durden