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Goldman Sachs' $2.7B profit shows firm's prowess

NEW YORK (AP) -- Goldman Sachs is emerging as the king of post-meltdown Wall Street. The New York-based banking giant took advantage of improving markets to widen the gap between itself and its competitors, earning more than $2.7 billion during the second quarter. The result is a remarkably speedy recovery from last fall, when Goldman lost $3.29 billion in four months during the worst of the finan   read more »

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