Goldman Sachs, in order to turn this reputation disaster around before it causes permanent and irreparable damage, is going to have to take the lead on reforming finance. It is a company with the intellect, the wealth, the power and the connections to do so.If the company were to become contrite about its financial engineering and work with legislators and regulators on eliminating risky and unsafe investment ventures that caused the financial system to teeter on the brink, it would go a long way toward reestablishing its credibility.
Posts
No comments:
Post a Comment
Hi,
I am glad you visited the site and I appreciate your comments. Please send this blog http://jimpaymar.blogspot.com/ on to others who might see value in what is written.
Thanks so much and have a good day or night!
Jim