Goldman Sachs Will Likely Record Second Loss Ever

Tuesday, October 11, 2011 Goldman Sachs Will Likely Record Second Loss Ever Goldman Sachs Group Inc (GS.N) will likely record a loss in the third quarter, only the second quarterly loss in the Wall Street titan's history, hurt by weakness across trading and investment banking, equity market declines and wider credit spreads during the period, Citigroup said. Coalition Of Advocates Demand End To Employment Credit Checks 10 Major Cities Where Wages Are Rising Most: Payscale.com 6 Million Will Lose Jobless Benefits If Lawmakers Don't Extend Them: Report Regulator Backs Ban On Banks Trading For Their Own Profit BLOG POSTS Dean Baker: When Being Rich Makes Us Poor, People Should Occupy Wall Street While some number of the wealthy may have succeeded by working hard and being smart or creative, many of the very wealthy got their money directly or indirectly through the big hand of the government tilting the playing field in their direction. Jim Thomas: Keeping Your Hard-Won Purchase Price: Risk Allocation in Business Sales Most first-time sellers of a business are shocked to learn that fabulous purchase price they just negotiated is at risk for years, if not forever. Even worse, they could potentially lose it all and more. Don Tapscott: World Economic Forum Meeting in Abu Dhabi Developing New Models for Understanding Complexity This year more than 750 Global Agenda Council Members from all walks of life and from more than 80 countries have gathered in Abu Dhabi for a global brainstorming to develop the new models for global decision-making. Mohamed A. El-Erian: Listen to the Occupy Wall Street Movement To those wondering whether to pay attention to the "Occupy Wall Street" protests, the answer is yes. This is more than just a nascent movement that will grow in the weeks and months ahead. It is part of a worldwide drive for greater social justice. Sarah Elizabeth Richards: Strapped: How the Bridal Beast Is Bankrupting the Lowly Wedding Guest For just one holy union, it's not uncommon to be invited to several engagement parties, showers or teas (where you have to bring gifts and are often expected to chip in for expenses). As the cost and scale of weddings continue to escalate, it's not just the bride and groom or their parents who are feeling pinched.

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