Goldman Sachs's Chief Executive Officer Lloyd Blankfein believes the worst of the financial crisis is over, according to comments made in an interview with the BBC at the World Economic Forum in Davos.
Blankfein was as quoted saying: "I think the moment of crisis is over" adding that "The worst worrisome problems that everyone talked about last year seem to be off the table."
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Diluted earnings per common share were $14.13 compared with $4.51 for the year ending December 31st 2011.
Return on average common shareholders' equity was 10.7% for 2012.
MF
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Steve Webb: The triple lock is there to do a job. I’m not embarrassed or ashamed of itThe triple lock means 13 million pensioners will now get an above-inflation state pension boost in April. While the rising cost of the policy has stirred controversy, Steve Webb, who served as pensions minister when it was introduced, argues the triple lock is vital and should stay. Webb speaks to Kalpana Fitzpatrick on the new episode of MoneyWeek Talks – out now.
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How retirement pots risk running out 11 years early if inflation remains highPension savers could find their retirement income may not last as long as they anticipated over fears that inflation may not slow down
