Rock future hangs on Goldman - papers January 15

The bank and its advisers were largely in the dark about Goldman's proposals yesterday evening. The Government says that Goldman has not delivered the document yet, but others believe it was handed over last week. Some believe the Government is using the Goldman report as an ace in a "game of poker" with Northern Rock's shareholders, who are resisting a cheap sale of the bank. THE FALLOUT FROM AMERICA’S mortgage meltdown continued at Citigroup yesterday amid reports that the world’s biggest bank was poised to cut up to 24,000 jobs, that it planned a substantial dividend cut and that the C...