Goldman cuts compensation after facing bonus heat (at MarketWatch)
Goldman Sachs Group Inc., a prime target of the backlash after the financial bailout, cuts a key compensation benchmark to the lowest level in its history as it tries to soften criticism over fat bonuses. us.rd.yahoo.com |
Strong Cisco Can't Convince Traders Correction Not Coming (at CNBC)
Cisco's outlook is considered a barometer for the whole tech industry, even the whole economy. But no matter how optimistic CEO John Chambers is, traders aren't convinced a correction can be avoided here. us.rd.yahoo.com |
Goldman's Chinese Media Headache (at New York Times)
Amid its legal troubles here, Goldman Sachs has become the latest object of scorn in the Chinese press, apparently driven in part by its continuing financial success in that country. us.rd.yahoo.com |
Teachers Facing New Financial Pains
Layoffs, salary cuts force educators to rethink finances. forbes.com |
Millionaire foreclosures on Nantucket (at Fortune)
Islanders feeling the pinch from the megarich's recent austerity are watching their own homes wind up on the auction block. us.rd.yahoo.com |