Thread: Goldman Sachs Firing In U.S., Hiring In Singapore

Goldman Sachs Firing In U.S., Hiring In Singapore

June 30, 2011
by Marcy Bonebright


Goldman Sachs is reportedly firing U.S. employees in order to hire 1,000 people in Singapore.

Goldman Sachs is cutting jobs in the United States so it can expand in Singapore. The company, which received $10 billion in preferred stock purchases from the Federal government under the Troubled Asset Relief Program, alerted Washington to the move first, in order to avoid controversy.

“Goldman is so concerned about the potential for criticism that the firm’s representatives have been alerting staffers of lawmakers in Washington of the hiring spree in recent weeks as a way to mollify any concerns they may have about previously undisclosed plans to add 1,000 jobs to the firm’s Singapore office, according to people in Washington with direct knowledge if the matter,â€

The U S is broke and the American people are in debt for their lives and that of their children, and even THEIR chidlren.

China has all the money now so of course Greedy Goldman is going to flee to China...

Not suprised at all.

This is why we are going broke and unemployment is high and to top that off they pay less taxes than i do.Now gop wants to give more tax breaks what is wrong with this picture.I think anytime companies do this they should be punished in someway.This is killing the AMERICAN econamy thats why money is not being put back into our goverment spending China is making it all fueling their goverment.Their pay scale is lower and big corperations here take advantage of it just like employers here using illegals then charge the AMERICAN public the same prices for the goods like it was made here in U.S.CHEAP CHEAP CHEAP made goods for more money untill congress does something about it the people of U.S.suffer and the econamy is going broke.