NEW YORK - DECEMBER 16: Financial professionals laugh in the Goldman Sachs booth on the floor of the New York Stock Exchange during afternoon trading December 16, 2008 in New York City. The Federal Reserve slashed the federal funds rate, the interest banks charge each other, to a record low of zero to one quarter percent, sending stocks higher in mid-afternoon trading. Goldman Sachs announced they posted their first loss since going public in 1999. Getty Images logo Getty Images 14 months ago

NEW YORK - DECEMBER 16: Financial professionals laugh in the Goldman Sachs booth on the floor of the New York Stock Exchange during afternoon trading December 16, 2008 in New York City. The Federal Reserve slashed the federal funds rate, the interest banks charge each other, to a record low of zero to one quarter percent, sending stocks higher in mid-afternoon trading. Goldman Sachs announced they posted their first loss since going public in 1999.

More Photos of Goldman Sachs

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  1. NEW YORK - FEBRUARY 05: Financial professional work in the Goldman Sachs booth on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.
  2. Daniel Vasella, Chairman and CEO of Novartis, Miao Gengshu, Chairman of Sinotrans-CSC Group and Gary Cohn, President and CEO of Goldman Sachs (L-R) attend a session at the World Economic Forum (WEF) in Davos January 27, 2010.
  3. Gary Cohn, President and CEO of Goldman Sachs attends a session at the World Economic Forum (WEF) in Davos January 27, 2010.
  4. A man walks past the Goldman Sachs headquarters building in the financial district of New York in this May 8, 2009 file photo. The Bank of England estimates governments the world over have spent or committed a staggering $14 trillion to prop up the financial system following the fall of Lehman Brothers in September 2008. Despite the protestations by politicians that such a large-scale rescue should never be allowed to happen again, their actions over the past two years suggest the opposite. Picture taken May 8, 2009. To match special report DAVOS/FINANCE.
  5. LONDON, ENGLAND - JANUARY 25: Workers walk across glass enclosed bridges between two Goldman Sachs' buildings in Fleet Street on January 25, 2010 in London. The top 100 partners at Goldman Sachs investment bank have agreed to cap their pay and bonuses at £1 million it has been revealed.
  6. LONDON, ENGLAND - JANUARY 25: People walk in front of Goldman Sachs' building in Fleet Street on January 25, 2010 in London. The top 100 partners at Goldman Sachs investment bank have agreed to cap their pay and bonuses at £1 million it has been revealed.
  7. LONDON, ENGLAND - JANUARY 25: A sports car sits in the front entrance to the Goldman Sachs building in Fleet Street on January 25, 2010 in London. The top 100 partners at Goldman Sachs investment bank have agreed to cap their pay and bonuses at £1 million it has been revealed.
  8. Morriss Marshall, 57, holds up a protest sign while standing in the middle of the street across from the Goldman Sachs headquarters building in the financial district of New York January 21, 2010. Goldman Sachs Group Inc, which had been on track to pay employees a near-record amount, instead set aside nothing for compensation in the fourth quarter and gave $500 million to charity. The move helped the Wall Street bank report better-than-expected fourth-quarter net income of $4.95 billion.
  9. Bill Johnsen, 61, protests outside Goldman Sachs headquarters building in the financial district of New York January 21, 2010. Goldman Sachs Group Inc, which had been on track to pay employees a near-record amount, instead set aside nothing for compensation in the fourth quarter and gave $500 million to charity. The move helped the Wall Street bank report better-than-expected fourth-quarter net income of $4.95 billion.
  10. City worker casts shadows in Leadenhall Market in the financial district of the City of London January 21, 2010. Goldman Sachs Group Inc, which had been on track to pay employees a near-record amount, instead set aside nothing for compensation in the fourth quarter and gave $500 million to charity. The move helped the Wall Street bank report better-than-expected fourth-quarter net income of $4.95 billion.
  11. Chart shows earns for Goldman Sachs Group Inc. since fourth quarter.
  12. Flags fly outside of the Goldman Sachs headquarters building in the financial district of New York January 21, 2010. Goldman Sachs Group Inc on Thursday posted a stronger than forecast fourth quarter profit while capping off its 2009 compensation pool at $16.19 billion in 2009, below record levels set in 2007 and shy of what many expected it to set aside for pay.
  13. Pedestrians are reflected in the windows of a Goldman Sachs building in London January 21, 2010. Goldman Sachs Group Inc on Thursday reduced its 2009 bonus pool as it posted a better-than-expected fourth-quarter profit. The Wall Street bank said the total set aside for compensation for the year was $16.19 billion (10 billion pounds), down from $16.7 billion at the end of the third quarter.
  14. Flags fly outside 85 Broad St., the Goldman Sachs headquarters in New York's financial district, January 20, 2010.
  15. People exit 85 Broad St., the Goldman Sachs headquarters in New York's financial district, January 20, 2010.
  16. Gerald Corrigan, managing director of Goldman Sachs and former president of Federal Reserve Bank of New York, attends the Asian Financial Forum in Hong Kong January 20, 2010.

Explore Photos of Related Topics

  1. U.S. Federal Reserve Chairman Ben Bernanke awaits the beginning of testimony at his Senate Banking, Housing and Urban Affairs Committee hearing on his nomination to continue as Chairman of the Board of Governors, on Capitol Hill in Washington, in this December 3, 2009 file photo. The combination of the financial nervous breakdown and the uneven economic recovery has turned central bankers into the equivalent of military generals waging a war. The question is whether, in the face of political opposition, they will deploy the weapons at their disposal. December 3, 2009. To match Special Report DAVOS/ECONOMY.
  2. U.S. Federal Reserve Chairman Ben Bernanke speaks at the December luncheon meeting of the Economic Club of Washington, in this December 7, 2009 file photo. The combination of the financial nervous breakdown and the uneven economic recovery has turned central bankers into the equivalent of military generals waging a war. The question is whether, in the face of political opposition, they will deploy the weapons at their disposal. Picture taken December 7, 2009. To match Special Report DAVOS/ECONOMY.
  3. Federal Reserve Chairman Ben Bernanke looks up during his meeting with Senator Dick Durbin (D-IL) to discuss Federal Reserve policy and Bernanke's upcoming confirmation vote at Capitol Hill in Washington January 25, 2010. The combination of the financial nervous breakdown and the uneven economic recovery has turned central bankers into the equivalent of military generals waging a war. The question is whether, in the face of political opposition, they will deploy the weapons at their disposal. Picture taken January 25, 2010. To match Special Report DAVOS/ECONOMY.
  4. U.S. Federal Reserve Chairman Ben Bernanke prepares to speak at the December luncheon meeting of the Economic Club of Washington, in this December 7, 2009 file photo. The U.S. Senate on January 28, 2010 approved Bernanke's nomination to a second four-year term running the Federal Reserve, the world's most powerful central bank, despite deep misgivings over his perceived policy missteps.
  5. Federal Reserve Chairman Ben Bernanke looks up during his meeting with Senator Dick Durbin (D-IL) to discuss Federal Reserve policy and Bernanke's upcoming confirmation vote Capitol Hill in Washington, in this January 25, 2010 file photo. The U.S. Senate Thursday looked poised to narrowly approve Ben Bernanke's nomination to a second term running the world's most powerful central bank, despite misgivings over perceived policy missteps. Bernanke's nomination cleared a procedural roadblock with a 77-23 vote on January 28. 2010, and the Senate moved directly to a vote on final confirmation, where only a simple majority of 51 votes in the 100-person chamber is needed for approval.
  6. The interest rate decision of the Federal Reserve appears on a television screen on the floor of the New York Stock Exchange Wednesday, Jan. 27, 2010. The Federal Reserve has decided to hold interest rates at a record low and pledged to keep them there for an "extended period" to nurture the economic recovery and lower unemployment.
  7. U.S. Chairman of the Federal Reserve Ben Bernanke speaks about a year of economic turmoil at the Brookings Institution in Washington in this September 15, 2009 file photo. The Bank of England estimates governments the world over have spent or committed a staggering $14 trillion to prop up the financial system following the fall of Lehman Brothers in September 2008. Despite the protestations by politicians that such a large-scale rescue should never be allowed to happen again, their actions over the past two years suggest the opposite. Picture taken September 15, 2009. To match special report DAVOS/FINANCE.
  8. U.S. Federal Reserve Chairman Ben Bernanke (C) poses with British Central Bank Governor Mervyn King (L) and European Central Bank President Jean-Claude Trichet for a photo during the G7 meeting in Tokyo in this February 9, 2008 file photo. The Bank of England estimates governments the world over have spent or committed a staggering $14 trillion to prop up the financial system following the fall of Lehman Brothers in September 2008. Despite the protestations by politicians that such a large-scale rescue should never be allowed to happen again, their actions over the past two years suggest the opposite. Picture taken February 9, 2008. To match special report DAVOS/FINANCE.
  9. WASHINGTON - JANUARY 25: Federal Reserve Chairman Ben Bernanke attends a meeting with Sen. Richard Durbin (D-IL) at the US Capitol on January 25, 2010 in Washington DC. President Obama nominated Mr. Bernanke to a second term and he will need at least 60 votes to win confirmation.
  10. WASHINGTON - JANUARY 25: Federal Reserve Chairman Ben Bernanke (L) meets with Sen. Richard Durbin (D-IL) at the US Capitol on January 25, 2010 in Washington DC. President Obama nominated Mr. Bernanke to a second term and he will need at least 60 votes to win confirmation.
  11. WASHINGTON - JANUARY 25: Federal Reserve Chairman Ben Bernanke (L) is greeted by Sen. Richard Durbin (D-IL) before a meeting at the U.S. Capitol on January 25, 2010 in Washington DC. President Obama nominated Mr. Bernanke to a second term and he will need at least 60 votes to win confirmation.
  12. Senator Dick Durbin, R, (D-IL) meets with Federal Reserve Chairman Ben Bernanke to discuss the Federal Reserve policy and Bernanke's upcoming confirmation vote on Capitol Hill in Washington January 25, 2010. U.S. lawmakers looked likely to grudgingly approve Bernanke to a second term as Federal Reserve chairman this week after the White House stepped in to defend his crisis-fighting record and rally votes.
  13. WASHINGTON - JANUARY 25: Federal Reserve Chairman Ben Bernanke (L) is greeted by Sen. Richard Durbin (D-IL) before a meeting at the U.S. Capitol on January 25, 2010 in Washington DC. President Obama nominated Mr. Bernanke to a second term and he will need at least 60 votes to win confirmation.
  14. WASHINGTON - JANUARY 25: Federal Reserve Chairman Ben Bernanke (L) meets with Sen. Richard Durbin (D-IL) at the U.S. Capitol on January 25, 2010 in Washington DC. President Obama nominated Mr. Bernanke to a second term and he will need at least 60 votes to win confirmation.
  15. WASHINGTON - JANUARY 25: Federal Reserve Chairman Ben Bernanke (L) is greeted by Sen. Richard Durbin (D-IL) before a meeting at the U.S. Capitol on January 25, 2010 in Washington DC. President Obama nominated Mr. Bernanke to a second term and he will need at least 60 votes to win confirmation.
  16. WASHINGTON - JANUARY 25: Federal Reserve Chairman Ben Bernanke meets with Sen. Richard Durbin (D-IL) at the U.S. Capitol on January 25, 2010 in Washington DC. President Obama nominated Mr. Bernanke to a second term and he will need at least 60 votes to win confirmation.

Recent Photos From The Wire

  1. A Chinese man shops for New Year decorations at a market in Beijing, China, Wednesday, Feb. 10, 2010. Chinese will celebrate the Year of the Tiger on Feb. 14.
  2. Truckloads of riot police carrying shields are parked on a road leading to Hlaing Tharyar industrial zone, northeast of Yangon, Myanmar, Wednesday, Feb. 10, 2010. Myanmar's military government tightened security Wednesday at the industrial zone in Yangon where factory workers were staging a rare strike for better pay.
  3. Chinese shop for New Year decorations at a shopping mall in Beijing, China, Wednesday, Feb. 10, 2010. Chinese will celebrate the Year of the Tiger on Feb. 14.
  4. Protesters supporting defeated presidential candidate Gen. Sarath Fonseka react as police fire tear gas shells during a street clash in Colombo, Sri Lanka, Wednesday, Feb. 10, 2010. Government supporters hurled stones at opposition activists protesting the arrest of their defeated presidential candidate in Sri Lanka's capital Wednesday, in scattered street battles that prompted volleys of tear gas from police.
  5. A protester supporting defeated presidential candidate Gen. Sarath Fonseka shouts slogans against the government during a protest in Colombo, Sri Lanka, Wednesday, Feb. 10, 2010. Government supporters hurled stones at opposition activists protesting the arrest of their defeated presidential candidate in Sri Lanka's capital Wednesday, in scattered street battles that prompted volleys of tear gas from police.
  6. Protesters supporting defeated presidential candidate Gen. Sarath Fonseka shout slogans against the government during a protest in Colombo, Sri Lanka, Wednesday, Feb. 10, 2010. Government supporters hurled stones at opposition activists protesting the arrest of their defeated presidential candidate in Sri Lanka's capital Wednesday, in scattered street battles that prompted volleys of tear gas from police.
  7. An employee counts yuan banknotes at a branch of Bank of China in Taiyuan, Shanxi province February 10, 2010. Chinese exports rose strongly in January from a year earlier but tumbled from December, giving ammunition both to those who advocate a stronger yuan and those who say Beijing should play safe and keep its currency steady.
  8. BERLIN - FEBRUARY 10: German Chancellor Angela Merkel (L) chats with German Finance Minister Wolfgang Schaeuble prior to a session at the German Parliament (Bundestag) at the Reichstag building on February 10, 2010 in Berlin, Germany. German Foreign Minister Guido Westerwelle gives a government declaration on ISAF military deployment to increase the number of German troops in Afghanistan from the current 4,500 to 5,350.
  9. (L-R) Finland's President Tarja Halonen, Latvia's President Valdis Zatlers, Finland's Prime Minister Matti Vanhanen and Baltic Sea Action Group Chairman Ilkka Herlin chat at the opening ceremony of the Baltic Sea Action Summit in Helsinki February 10, 2010.
  10. Workers install tiger lanterns at a park in Wuhan, Hubei province, February 10, 2010. According to the Chinese lunar calendar, the Year of The Tiger begins on February 14, 2010.
  11. Finland's President Tarja Halonen (L), Germany's Federal Minister of Food, Agriculture and Consumer Protection Ilse Aigner (C) and Finland's Prime Minister Matti Vanhanen chat at the opening ceremony of the Baltic Sea Action Summit in Helsinki February 10, 2010.
  12. BERLIN - FEBRUARY 10: German Vice Chancellor and Foreign Minister Guido Westerwelle adjusts his glasses during a session at the German Parliament (Bundestag) at the Reichstag building on February 10, 2010 in Berlin, Germany. Westerwelle gives a government declaration on ISAF military deployment to increase the number of German troops in Afghanistan from the current 4,500 to 5,350.
  13. BERLIN - FEBRUARY 10: German Chancellor Angela Merkel (L) chats with German Finance Minister Wolfgang Schaeuble prior to a session at the German Parliament (Bundestag) at the Reichstag building on February 10, 2010 in Berlin, Germany. German Foreign Minister Guido Westerwelle gives a government declaration on ISAF military deployment to increase the number of German troops in Afghanistan from the current 4,500 to 5,350.
  14. TOKYO - FEBRUARY 10: So Yun Jl of South Korea in action during the East Asian Football Federation (EAFF) Women's Championship 2010 match between China and South Korea at Ajinomoto Stadium on February 10, 2010 in Tokyo, Japan.
  15. BERLIN - FEBRUARY 10: German Vice Chancellor and Foreign Minister Guido Westerwelle gestures during a session at the German Parliament (Bundestag) at the Reichstag building on February 10, 2010 in Berlin, Germany. Westerwelle gives a government declaration on ISAF military deployment to increase the number of German troops in Afghanistan from the current 4,500 to 5,350.
  16. BERLIN - FEBRUARY 10: (L-R) German Vice Chancellor and Foreign Minister Guido Westerwelle and German Chancellor Angela Merkel gesture during a session at the German Parliament (Bundestag) at the Reichstag building on February 10, 2010 in Berlin, Germany. Westerwelle gives a government declaration on ISAF military deployment to increase the number of German troops in Afghanistan from the current 4,500 to 5,350.