William Cohan on Goldman Sachs's Third-Quarter Loss

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Oct. 18 (Bloomberg) -- William Cohan, author of "Money and Power: How Goldman Sachs Came to Rule the World" and a Bloomberg View Columnist, talks about Goldman Sachs Group Inc.'s third-quarter financial results. Goldman Sachs reported a third-quarter loss of $393 million, or 84 cents per share, compared with a profit of $1.9 billion, or $2.98, a year earlier, the New York-based company said today in a statement. Cohan speaks with Betty Liu on Bloomberg Television's "In the Loop." (Cohan is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)

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