Jeffrey Cane
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Goldman Sachs says sorry
Wall Street's response to public criticism has mainly been exercises in "never apologize, never explain." Which makes today's mea culpa by Lloyd Blankfein all the more extraordinary. Bloomberg News reports: ... Full Article | Comments [11]
Pay curbs are not the answer
If an austerity program had been imposed on the court of Versailles in those turbulent months of early 1789, the Paris mobs might have cheered but they would no doubt have gone right ahead and sacked the Bastille. Full Article | Comments [12]
Counterparties
Why it pays to apologize. -- BusinessWeek Give Goldman Sachs credit for its adherence to rigorous, market-value accounting. -- David Reilly. Crush the U.S. Chamber of Commerce? -- Economic Populist. Don't ... Full Article
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