Goldman Sach: sGoldman Profit Misses Estimates; 1,000 Jobs to Be Cut

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The Dunham Law Firm handles Texas DWI (Driving While Intoxicated), DUI (Driving Under the Influence) and BWI (Boating While Intoxicated) cases in and around Travis County, Texas. Having Texas Board Certified Criminal Law Specialists* and former prosecutors handling your DWI defense case in Austin can make the difference between winning, going to jail or doing DWI probation. You will find our law firm to be very knowledgeable about Texas DWI Laws and drunk driving penalties and information.

Hide Blogger Navbar in New Blogger Blogspot !

Want to get rid of the blogger toolbar in new blogger that just came out of beta ? If you have shifted your blogspot blog from old blogger to the new blogger beta, you may have noticed that the previous CSS code to remove the blogger navbar will no longer be effective. That's because Google now uses different CSS tags to display the blogger bar. [#navbar-iframe instead of #b-navbar] If you want to hide the navbar in your blogger blog, here's what you should do ! (these instructions refer to the "new" Blogger layouts templates) GO GET IT GUMGUM:)

Super Sexy Bookmarks Widget for Blogger !

Thumbnail image that says sleek button using photoshop that links to a Photoshop tutoril.

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Its very attractive social bookmarking widget ! it can help you to let your visitors bookmark your page effectively .

for instructions about the use of this SEXY Social bookmarking widget ! you can go here and get it GUMGUM:)

Wednesday, July 20, 2011

Goldman Sach: sGoldman Profit Misses Estimates; 1,000 Jobs to Be Cut

Goldman Sach: sGoldman Profit Misses Estimates; 1,000 Jobs to Be Cut

Goldman Sachs Group Inc. reported a second-quarter profit of $1.05 billion, significantly lower than expectations, as difficult markets led the Wall Street bank to reduce risk taking to the lowest levels in five years.

The per-share earnings of $1.85 were 42 cents below the consensus expectations of analysts, only the fifth profit miss in its 12 years as a publicly traded company.

"Certain of our businesses had disappointing results as we reduced our market risk in response to attempting to manage fluctuations in prices and market liquidity," said Chief Executive Lloyd Blankfein in a statement.

Goldman also disclosed plans to cut about 1,000 jobs as part of its cost-cutting measures, said the firm's chief financial officer David Viniar on the company's conference call to discuss its second-quarter earnings .

The job cuts will be part of the securities firm's plans to reduce its compensation and non-compensation expenses by $1.2 billion of the course of 2011, announced in its second-quarter earnings filing. Read More