December 25, 2009
(Bloomberg) — “Taxpayers Help Goldman Reach Height of Profit in New Skyscraper” leads a selection of the week’s best stories from Bloomberg News. The most-read story of the week on Bloomberg.com was on the U.S. Air Force’s delivery of new spy planes to Afghanistan.
[efoods]In the first six months of 2010, about 6,000 employees of Goldman Sachs Group Inc. will take a break from their spreadsheets and move across the southern tip of Manhattan to a new 43-story, steel-and-glass skyscraper.
The building was a bargain — and not just because the final cost is expected to be $200 million less than the $2.3 billion price the company had estimated when construction began in November 2005. Goldman Sachs also benefited from the government’s determination to avoid losing jobs in lower Manhattan after the Sept. 11, 2001, terrorist attacks.