Goldman Sachs May Strip 60 Executives of Partnership

Goldman Sachs (GS) may strip as many as 60 executives of their partnerships this year to make way for new executives in a process known as “de-partnering.”

Only 375 or so of Goldman’s 35,000 employees are partners, The New York Times reported. Winnin…

Goldman Sachs May Strip 60 Executives of Partnership

Goldman Sachs (GS) may strip as many as 60 executives of their partnerships this year to make way for new executives in a process known as “de-partnering.”

Only 375 or so of Goldman’s 35,000 employees are partners, The New York Times reported. Winnin…

Chicago’s Next Mayor Could Find City Coffers Almost Empty

Chicago’s next mayor may find the city’s coffers almost empty after Richard M. Daley dipped into reserves to balance this year’s budget.

The city expects a $654.7 million deficit for 2011, Bloomberg News reported. Daley balanced this year’s budget pa…

Chicago’s Next Mayor Could Find City Coffers Almost Empty

Chicago’s next mayor may find the city’s coffers almost empty after Richard M. Daley dipped into reserves to balance this year’s budget.

The city expects a $654.7 million deficit for 2011, Bloomberg News reported. Daley balanced this year’s budget pa…