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WEDNESDAY MARCH 19
Goldman: Prosperity To Austerity? No sooner did Goldman, the world's biggest securities firm by market value, report its sharpest profit drop since 1999 (weathering $2 billion of writedowns on loans and mortgages as revenue from investment banking and trading slid) than the rumors began to swirl…But is it really plausible an institution still doling out multimillion-dollar bonuses to its top rainmakers would cut free water and soda to its employees? (There’s even a question as to whether the G-men ever got free soda.) We need more than this, exhibit A. March 2008The Tip We Just Received Is Presented Without Comment, Because Words Fail To Capture The Absurdity Of The Situation To: tips at dealbreaker.com From: redacted Subject: DealBreaker Tip “Goldman just cut free water/soda for employees.” Update from Dealbreaker: Goldman has something to say: "We're not tanking, we're conserving. Do you see the distinction?" Regardless of their spin, you know the alternative is to work at Bear Stearns. You want to keep your job? Let me introduce you to Mr. Tap, and his friend, Senor You Can Afford to Pay for Your Own Coke...
1 COMMENTS
Posted by james hurtig - Mar 19 2008 @ 9:26 AM Re: Goldman: Prosperity To Austerity? Must be a slow newsday if this is al you got
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