February 27: Goldman Sachs president defends firm's culture (Individual.com)
February 27, 2013
The president and chief operating officer of Goldman Sachs Group defended the culture of his firm and said that Wall Street investment banks have not done a good enough job in the wake of the financial crisis of explaining their key role in the economy.
Goldman Sachs and other investment banks play "the role of being a financial intermediary, the role of keeping liquidity, keeping transparency ... and allowing economies to continue to grow," Gary D. Cohn told students, faculty and other ...