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Lloyd Blankfein, right, CEO of Goldman Sachs, leaves the New York Stock Exchange after attending a panel discussion Friday, Oct. 10, 2008 in New York. Stock prices are swinging sharply on Wall Street, with investors still selling heavily but also scooping up stocks that have been decimated by more than a week of huge losses.
Lloyd Blankfein, right, CEO of Goldman Sachs, leaves the New York Stock Exchange after attending a panel discussion Friday, Oct. 10, 2008 in New York. Stock prices are swinging sharply on Wall Street, with investors still selling heavily but also scooping up stocks that have been decimated by more than a week of huge losses.
Lloyd Blankfein, CEO of Goldman Sachs, walks in the financial district after attending a panel discussion at the New York Stock Exchange (not shown) Friday, Oct. 10, 2008 in New York. Stock prices are swinging sharply on Wall Street, with investors still selling heavily but also scooping up stocks that have been decimated by more than a week of huge losses.
Lloyd Blankfein, right, CEO of Goldman Sachs, and Eric Dinallo, center, superintendent of the New York State Insurance Department, talk with an unidentified man as they enter the New York Stock Exchange for a panel discussion Friday, Oct. 10, 2008 in New York. Stock prices are swinging sharply on Wall Street, with investors still selling heavily but also scooping up stocks that have been decimated by more than a week of huge losses.
Traders work in the Goldman Sachs booth on the floor of the New York Stock Exchange, September 30, 2008. Wall Street roared back on Tuesday, a day after its worst sell-off in 21 years, as investors bet Washington would revive a plan to stabilize the U.S. financial sector after Monday's surprise defeat on Capitol Hill.
NEW YORK - SEPTEMBER 16: The headquarters of Goldman Sachs Group, Inc is seen at 85 Broad St. September 16, 2008 in New York City. Goldman Sachs, one of the two largest U.S. brokerage firms, announced a third-quarter earnings drop of 70 percent in the midst of one of the worst market slumps in U.S. history.
NEW YORK - SEPTEMBER 16: The headquarters of Goldman Sachs Group, Inc is seen at 85 Broad St. September 16, 2008 in New York City. Goldman Sachs, one of the two largest U.S. brokerage firms, announced a third-quarter earnings drop of 70 percent in the midst of one of the worst market slumps in U.S. history.
NEW YORK - SEPTEMBER 16: A man walks past the headquarters of Goldman Sachs Group, Inc at 85 Broad St. September 16, 2008 in New York City. Goldman Sachs, one of the two largest U.S. brokerage firms, announced a third-quarter earnings drop of 70 percent in the midst of one of the worst market slumps in U.S. history.
NEW YORK - SEPTEMBER 16: A woman walks past the headquarters of Goldman Sachs Group, Inc at 85 Broad St. September 16, 2008 in New York City. Goldman Sachs, one of the two largest U.S. brokerage firms, announced a third-quarter earnings drop of 70 percent in the midst of one of the worst market slumps in U.S. history.
NEW YORK - SEPTEMBER 16: A woman walks past the headquarters of Goldman Sachs Group, Inc September 16, 2008 in New York City. Goldman Sachs, one of the two largest U.S. brokerage firms, announced a third-quarter earnings drop of 70 percent in the midst of one of the worst market slumps in U.S. history.
A man washes a cobblestone street beneath Goldman Sachs headquarters, center, in New York's financial district, Tuesday, Sept. 16, 2008. The Federal Reserve said Sunday it had granted a request by the country's last two major investment banks - Goldman Sachs and Morgan Stanley - to change their status to bank holding companies.
A man washes a cobblestone street beneath Goldman Sachs headquarters, center, in New York's financial district, Tuesday, Sept. 16, 2008. Goldman Sachs says third-quarter profit surpassed projection but fell 71 percent from the year-ago period. The results come in the wake of a dramatic shakeup on Wall Street.