Layoffs Watch '08: Goldman Sachs


The aforementioned cuts at Goldman, which quite stunningly are not merely part of the bank's yearly exercise in which it lops off the bottom, least Sachy members of the group, are said to have begun in New York and London this morning. No word on severance or accelerated graduation programs yet so, you know. (Others ways to let us know.)


Bonus Watch '08: Goldman Sachs

Bonuses paid in '08 that were of the look-but-don't-touch variety were turned into real live ones that you can buy things with last year. Two billion dollars worth of live ones.