Fox News's Gasparino: Some bankers say Goldman Sachs may have to look at acquiring E*Trade or Charles Schwab to counter dramatically changing business model "...regulations like the Dodd-Frank financial reforms have limited Goldmans ability to take risk
- the full effect of which has now started to kick in. Some analysts say the firm may have to make dramatic changes to its business model as part of the job cuts. During the 1990s internet boom, Goldman considered buying electronic brokerages E*Trade (ETFC) and Charles Schwab Corp. (SCHW), and some bankers say Goldman may have to revisit such moves to adapt to the current regulatory environment. ... A Goldman spokesman declined to comment on possible acquisitions."