Goldman Sachs is a carbunkel on the backside of humanity

Why am I not surprised? Suddenly the phrase “top dog” is becoming more and more unappealing. Can GS ever be seen in a positive light again by main street? I used to refer to them often as a great brand story that owned the idea around “rigor” – but not the rigor of behaving like omnipresent pharaohic king. The integrity they touted is now their Achilles heel.

WSJ: U.S. securities regulators are examining whether Goldman Sachs and other financial firms might have violated bribery laws in dealings with Libya’s sovereign-wealth fund.

Enforcement lawyers at the Securities and Exchange Commission are reviewing documents that detail the firms’ relationships with the Libyan Investment Authority controlled by Col. Moammar Gadhafi.

http://online.wsj.com/article/SB10001424052702304778304576373982088581752.html?mod=djemalertNEWS

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Author: Dean Crutchfield

In an award-winning career spanning two decades, Dean Crutchfield has created, built and re-invigorated some of the world's most iconic brands.

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