Jan. 19 (Bloomberg) — Jason Tyler, senior vice president of portfolio management at Ariel Investments LLC, talks about Goldman Sachs Group Inc.’s fourth-quarter earnings released today.
Goldman’s net income dropped 52 percent to $2.39 billion, or $3.79 a share, in the three months ended Dec. 31. Tyler, speaking with Betty Liu and Jon Erlichman on Bloomberg Television’s “In the Loop,” also discusses the compensation and benefits expense for the bank, which decreased 5 percent to $15.4 billion in 2010. (Source: Bloomberg)