Goldman Sachs is a powerful symbol. To some, it's a symbol of greed and all that is wrong with the financial system. People in the industry have a much higher opinion of the bank. There was a day when it was so coveted as a symbol of American financial might that the city of New York offered lots of tax breaks and concessions to keel Goldman Sachs' new world HQ in the city.

Bloomberg reports that the firm's employees will move into the new state-of-the-art building near the old World Trade Center in early 2010. Right around the corner. The bank was able to skillfully negotiate selling up to $1.66 billion in Liberty Bonds and other concessions. As if it needs the help. Still, the city is no doubt glad it was able to retain the bank and its bountiful tax payments. 

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