Goldman Sachs mea culpa: Can they be trusted?
Goldman Sachs mea culpa: Can they be trusted?
Goldman Sachs, the mega-successful investment firm that everyone loves to hate but everyone loves to profit off of, did something yesterday that few other financial firms have done since last year’s economic melt down: they apologized. Goldman’s CEO apologized, saying that the firm “participated in things that were clearly wrong and we have reason to regret” them—and they then announced a $500 million charitable grant to small businesses and education programs, helping them to pull out of the recession. Are there ulterior motives to Goldman’s apology, and are they really to blame for our economic woes?
Guest:
Andy Stern, president of Service Employees International Union (SEIU)
Charles Ellis, managing partner of pro-bono investment group Partners of ’63; founder of the business consulting firm Greenwich Associates; author of “The Partnership: the Making of Goldman Sachs”
- Patt Morrison for November 18, 2009
- California budget gap at $21 billion…?!
- Goldman Sachs mea culpa: Can they be trusted?
- Flying high in a recession, Sir Richard Branson shoots for the moon
- Finding a consensus on the census
- "When Everything Changed: American women from 1960 to the present"
Also on this episode
Events
Comedy Congress Live
Wednesday, February 29, 2012
7:30 p.m.
- 9 p.m.
The comedic material emanating from Washington D.C., and state capitols across the country, is enough to make any sitcom writer jealous, even if most of that comedy is unintentional. Our motto on Comedy Congress is that just when politics makes you want to cry, it’s usually best to laugh.
... » More info
