Wall Street Roundup: Early bonuses, getting rid of Goldman Sachs
This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.
Weekend wrangling. Federal Reserve bankers spent the weekend at a resort in Jackson Hole, Wyo., listening to competing and sharply contrasting plans for how the government should respond to the country’s continuing economic difficulties.
Early bonuses. Bankers may receive some of their bonuses early this year in order to improve morale and get around tax hikes.
Getting rid of Goldman. What had been Goldman Sachs’ biggest shareholder, the French insurer AXA, dumped half of its shares as the Wall Street firm dealt with a government lawsuit and public scrutiny.
-- Nathaniel Popper