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By far the largest culprit behind Goldman's (GS -0.5%) lackluster Q2 results is the decline in...

Jul. 19, 2011 10:26 AM ETThe Goldman Sachs Group, Inc. (GS) StockGSBy: Eric Jhonsa, SA News Editor2 Comments
By far the largest culprit behind Goldman's (GS -0.5%) lackluster Q2 results is the decline in the company's trading operations, with its revenues plunging 47% from Q1. Accompanying this decline is a diminished risk appetite, with the firm's "value at risk" on a given day falling to $101M, its lowest level since Q3 2006.

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The Goldman Sachs Group, Inc.