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

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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