NPR's Jim Zarroli reports from New York on the decision by the privately held investment bank, Goldman Sachs, to cancel its plan for a public stock offering. When the plan to go public was announced earlier this year, some partners in the firm had stood to make as much as 100 million dollars apiece. But the economic troubles in Asia and Russia have made the deal worth about 40 percent less than originally expected.
NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.