Jim Cramer Doesn’t Mince Words After Goldman Sachs Earnings

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The Street

By Dan Weil The bank’s profit plunged 66% in the fourth quarter, with high expenses and weak investment banking revenue. Goldman Sachs (GS) – Get Free Report had a rough fourth quarter to say the least. Profit dropped 66% from a year earlier, falling short of analysts’ expectations. CNBC commentator Jim Cramer didn’t hold back in describing the giant bank’s performance. “This is disappointing straight up,” he said on CNBC. “It’s not up to snuff for Goldman Sachs. I didn’t see anything in [the earnings report] to like.” Cramer noted Goldman’s trouble with its foray into consumer banking. The fi…

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