Wall Street Roundup: The banks' protector. Citi's maneuver.
Goldman beats expectations. First-quarter earnings at Goldman Sachs were down from a year ago but better than expected due to profit from the trading desks.
The banks' protector. Joe Nocera says that last week's mortgage settlement between the banks and the Officer of the Comptroller of the Currency shows again how the regulator is serving as a protector for the banks.
Citi's maneuver. It appears that Citibank has done some shifty maneuvering of assets to get around regulatory capital requirements.
-- Nathaniel Popper
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