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Goldman & The Case Of The 'Missing' December

As Goldman Sachs completed its $5bn stock offering Tuesday (in order to help with the early repayment of TARP funding from the US government), analysts were reviewing the firm's impressive first-quarter earnings ($1.8bn in profits in the period), and some are suggesting that all might not be what it seems.

More Job Loss News

The Wall Street Journal reports that UBS is said to be planning to lay-off low-producing financial advisors in the US. The newspaper says that UBS Wealth Management US head Marten Hoekstra told staff of the planned lay-offs in a conference call last week.