April 14 news, Goldman Sachs achieved the first quarter of 1.7 billion U.S. dollars of profit, and has allocated 4.7 billion U.S. dollars of wages and bonuses. 4.7 billion U.S. dollars this quarter is the Goldman Sachs 50% of revenue, and this proportion is higher than 48 percent a year earlier.
Goldman Sachs is the increase in salary cost is the reduction in the number of employees of the circumstances. Since the end of last year, Goldman has laid off 7 percent of the staff. According to the disclosure of Goldman Sachs, it set aside more money is one of the reasons for the increase in income. Salary income is the denominator of the ratio of income, so the increase in income will have an impact on this percentage. But this is not pay the full reasons for the rising costs.
Warren Buffett from Goldman Sachs last year to raise funds there, one of the reasons less is to accept some of the problems of the capital asset relief program; Today, Goldman Sachs became the first fund-raising five billion U.S. dollars, eager to repay the issue of asset relief program funds large banks. The purpose of this is: If you do not have to worry the issue of asset relief program funds, Goldman Sachs would not be too frugal, or ready to pay 90% of the bonus tax.
Apr. 14, 2009
