Goldman Sachs CEO Solomon says the bank's investment in WeWork is still profitable at this time

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Goldman Sachs CEO David Solomon spoke to CNBC's Wilfred Frost on Thursday.

CEO David Solomon says the bank's stake in WeWork is still profitable, even after the company suffered a number of valuation cuts and is faced a bailout crisis.Wilfred Frost

on Thursday. "At the current mark, even if it went down from here, we still have a profit in the remaining position." WeWork has gone through a vicious cycle of scrutiny in the past few months, as the co-working space provider's IPO was put on hold while its valuation suffered multiple cuts. WeWork is

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'at this time'

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