Where Goldman Really Makes Its Money

Forbes reports:

Goldman Sachs made $5.7 billion of trading revenue in the last quarter. That run rate (over $22 billion per annum) is almost as much as the pre-crisis peak.

Twenty-Two billion dollars per annum is roughly $200 per year per household in the United States.

If it is someone's trading revenue, it presumably comes out of someone else's pocket, so measuring it per household is appropriate.

You'll want to read this one.