Detailed text transcripts for TV channel - CNN - 20110420:08:16:00
Goldman comfortably beat most forecasts beating first quarter profit of $2.7 billion, that's $1.56 per share, almost double analyst expectations of 82 cent a share. investors are expressing concern as they focus on the company's sluggish growth despite that profit the investment bank's first quarter income was down 2 1% from the same quarter last year. well, now to the story of a big bonus and the big backlash it's generated. our big number today is $12.5 million, the hefty pay package awarded to royal bank of scotland chief executive, stephen hester. he and other top executives are taking p...
Source: news source