News for hackers. Stuff that matters.
Re:Goldman Sachs cracks by chaostheory on Tuesday December 16, 2008 @11:36PM (#400565)
I disagree. Most finance news is very short sighted, living minute to minute... Personally I feel that Goldman Sachs has a very strong position in the years ahead; They don't even need lobbyists anymore

"Analysts wonder why Mr. Paulson hasn’t hired more individuals from other banks to limit the appearance that the Treasury Department has become a de facto Goldman division."

http://www.nytimes.com/2008/10/19/business/19gold.html

Re:Goldman Sachs cracks by ckinnan on Tuesday December 16, 2008 @10:54PM (#400533)
Don't worry, TARP funds will ensure their executives all receive bonuses this year.
Re:Goldman Sachs cracks by namcos on Tuesday December 16, 2008 @11:04PM (#400540)
Bonuses are down 70% and top executives have given up theirs.
Re:Goldman Sachs cracks by magoghm on Tuesday December 16, 2008 @11:08PM (#400545)
Maybe they just will receive the money anyway. They just won't call it a "bonus".
Re:Goldman Sachs cracks by yummyfajitas on Wednesday December 17, 2008 @09:44AM (#400948)
I don't know about Goldman, but Morgan Stanley is reducing total comp (base+bonus) by 10-30% for the people who still have a job.
Re:Goldman Sachs cracks by namcos on Wednesday December 17, 2008 @01:21AM (#400631)
Re:Goldman Sachs cracks by sil3ntmac on Wednesday December 17, 2008 @02:02AM (#400657)
Everytime I see ft.com I think of momentum