New York - The largest US investment bank Goldman Sachs on Tuesday announced a third-quarter profit loss of 845 million dollars, but stressed the company was doing better than its competitors.
The loss compares to a 2.9 billion dollar profit for the same quarter in 2007, the bank said in a statement from in New York.
Despite the loss, Goldman Sachs could boast that it was still a going concern unlike competitors Lehman Brothers (which filed for bankruptcy Monday) and Merrill Lynch
(which was sold to the Bank of America).
Washington, Sept 16 : If your last birthday went gorging on the cake, then the memory of the indulgence may help you choose a fruit salad next year round – in case you’re an impulsive eater.
In a new research, three Indian origin scientists have said that some people are a lot more impulsive than others when it comes to tempting or fattening foods.
According to Anirban Mukhopadhyay (University of Michigan), Jaideep Sengupta (Hong Kong University of Science and Technology), and Suresh Ramanathan
(University of Chicago), impulsive people think and act differently than non-impulsive people after they remember a time when they resisted or succumbed to temptation.
Washington, Sept 16 : Alaska Governor and Republican Vice Presidential hopeful Sarah Palin seems to be losing her recently acquired political halo following reports of her seeking special interest funding from the US Congress.
The Independent quotes the latest national opinion polls as saying that people are casting doubts on her claims of being a squeaky clean reformist.
With the "Sarah Palin effect" wearing off, Republican presidential candidate John McCain’s claims that his running mate had not sought special interest funding from Congress have been shown to be wrong.
London - The Bank of England Tuesday pumped an extra 20 billion pounds (36 billion dollars) into money markets, following a similar move by the European Central Bank (ECB).
Stockholm/Oslo - Nordic bourses dipped Tuesday, the day after US investment banker Lehman Brothers filed for bankruptcy protection, triggering a global decline on stock markets.
New York - The largest US investment bank Goldman Sachs on Tuesday announced a third-quarter profit loss of 845 million dollars, but stressed the company was doing better than its competitors.
Washington, Sept 16 : Alaska Governor and Republican Vice Presidential hopeful Sarah Palin seems to be losing her recently acquired political halo following reports of her seeking special interest funding from the US Congress.
