Tuesday, July 19, 2011
Goldman Sachs to Cut 1000 Jobs as Fixed-Income Revenue Misses Estimates
House Majority Leader Eric Cantor has cancelled a Friday fundraising dinner with Goldman Sachs CEO Lloyd Blankfein in the Hamptons "so as to be available for any meetings or developments as we work toward a solution on the debt," a spokesman said.By Christine Harper - Tue Jul 19 18:05:12 GMT 2011 Goldman Sachs Group Inc. (GS), the US bank that makes most of its money from trading, said it will cut about 1000 jobs after a plunge in fixed-income revenue that was bigger than analysts
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