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

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

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.