Tuesday, December 22, 2009, 1:27PM ET - U.S. Markets close in 2 hours and 33 minutes.

Fortune 500 - #20

by Christopher Tkaczyk and David Goldman
Monday, April 21, 2008
provided by

CNN/File
20_GoldmanSachs.jpg

Goldman Sachs Group
Last Year's Ranking: 24
Revenue ($ millions): 87,968.00
Profit ($ millions): 11,599.00

The Wall Street powerhouse seems to have beaten the credit crunch, for the most part. It posted record sales and profit, thanks to its booming trading business - and the fact that it mostly stayed away from the mortgage-backed securities that got its counterparts in trouble. The firm did take some small writedowns on its mortgage holdings and, like the rest of Wall Street, is facing lower returns in a weakened economy. Still, it did well enough to award employees record bonuses totaling $20.2 billion, up 23% from 2006.

Previous | Next

Back to the Top 20

Copyrighted, Fortune. All rights reserved.

Rates

See today's average rates across the country.

More from Yahoo! Sources

  • CNN Money
  • Consumer Reports
  • Kiplinger
  • The Motley Fool
  • Business Week
  • Wall Street Journal

Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data and daily updates provided by Morningstar, Inc. Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.

Yahoo! Answers is provided for informational purposes only, and no Q&A is intended for trading or investing purposes. Yahoo! shall not be responsible or liable for the accuracy, usefulness or availability of any Q&A information, and shall not be responsible or liable for any trading or investment decisions based on such information. View Complete Answers Disclaimer.