Goldman Sachs to Gently Tweak Business Practices
Despite drawing the wrong kind of attention to themselves over the last two-plus years with news of murky dealings in “structured products” and concern over the bank’s role in the subprime mortgage crisis, execs at Goldman Sachs apparently believe that the way they’ve been doing business just needs a tweak here and there rather than a complete makeover, according to the New York Times. What’s more, this news comes at the tail end of a nine-month review process Goldman launched last spring, using some familiar faces, rather than independent agents, to do the investigative work.
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on January 11, 2011. Filed under