Goldman On Prowl for Talent

Summary


INVESTMENT banking giant Goldman Sachs hopes that top-of-the- range Christmas bonuses will help it woo talent from rivals early in the New Year.

Profits and bonuses at the group for 2007 are expected to eclipse those of rivals following what is widely regarded as a stunningly clever call earlier this year when Goldman bet the sub-prime mortgage market would collapse and took out financial insurance products to hedge against potential losses.

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Extract


Goldman On Prowl for Talent

That means Goldman has been largely insulated against the ...

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