Tag Archives: Lloyd Blankfein

Did Goldman’s Apology Backfire?

In a speech Tuesday night, Goldman Sachs CEO Lloyd Blankfein reportedly apologized for his company’s role in the financial markets crisis, saying, “We participated in things that were clearly wrong and have reason to regret.” Apologies are always tricky business for people or organizations under siege in the media. Sometimes they can be helpful. When […]

Goldman CEO Gets Impish, Gets Burned

Does Goldman Sachs have a God problem? A God complex? An ungodly headache? Goldman, once a venerable institution known for keeping close counsel, is now a lightning rod for populist criticism of the financial sector. And its latest public relations efforts don’t seem to be helping. The bank’s very success – turning a profit in […]