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Exclusive: Goldman to begin fresh round of job cuts
The experts (and that includes investment experts) say the economy is improving. Layoffs help to improve it faster??
Commented on Exclusive: Goldman to begin fresh round of job cuts -sources
“The cuts come at the time of year in which the Wall Street bank typically gets rid of its weakest 5 percent of employees across the entire firm.”
So in this Rueters so called “Growing Economy” one of the Big Dogs on Wall Street is going to layoff another 5% of its workforce just because it’s “That Time of Year” and they have done it the last two years so now it’s a Tradition?
What do the Treasury and Fed think of their buddy Mr. Finkstein of follow this tradition?
February 25th, 2013, 12:43pm EST ยท
February 25th, 2013, 2:08pm EST
Can’t have year end bonuses without new year cuts. And you can’t have a real estate bubble unless Goldman is a player, which they are … buy homes and then sell derivatives.

