Goldman’s hedge funds up

(CNN): Hedge funds may be struggling and closing up shop in the current market environment, but Goldman Sachs Group Inc. (GS) was able to make more money tending to the funds’ needs this year than last. The company, was able to post a 19% gain in revenue in its securities services operations for the three months that ended 28 Nov, compared to the same period last year. The business also turned in record net revenues for all of fiscal 2008. Go to article.