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Assignment: Goldmine Sachs

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06/05/2010

Goldmine Sachs

BBC World Service - Assignment, Goldmine Sachs

How Goldman Sachs survived the 2008 banking crisis and remained profitable.

Matt Prodger looks at how Goldman Sachs bank survived the 2008 banking crisis and how it has managed to remain profitable.

Assignment investigates how Goldman Sachs has made record profits since it was bailed out by the US government in 2008. 

Reporter Matt Prodger reveals that the firm is still operating as an investment bank, trading in exotic derivatives, more than a year after it turned itself into a regular bank holding company.

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