\u00e2\u20ac\u0153Our clients’ interests always come first. Our experience shows that if we serve our clients well, our own success will follow. Our assets are our people, capital and reputation. If any of these is ever diminished, the last is the most difficult to restore.\u00e2\u20ac\u009d<\/p>\n
\t\u00e2\u20ac\u201dopening sentences of the Goldman-Sachs prospectus, on going public in 1999<\/p>\n
Collins: \u00e2\u20ac\u0153Do you have a duty to act in the best interest of your clients?\u00e2\u20ac\u009d
\nSparks: [pause] \u00e2\u20ac\u0153I believe we have a duty to serve our clients well.\u00e2\u20ac\u009d<\/p>\n
\t\u00e2\u20ac\u201dSen. Sue Collins (R-ME) and Goldman Sachs executive Daniel Sparks, from the recent Senate hearings<\/p>\n
Levin: \u00e2\u20ac\u0153Should Goldman Sachs be trying to sell a shitty deal?\u00e2\u20ac\u009d
\nSparks: \u00e2\u20ac\u0153Well, there are prices in the market that people want to invest in things.\u00e2\u20ac\u009d<\/p>\n
\t\u00e2\u20ac\u201dSen. Carl Levin (D-MI) and Goldman Sachs executive Daniel Sparks, from the same hearings<\/p>\n
\u00e2\u20ac\u0153Who wants to entrust their money to a Goldman Sachs fund after this?\u00e2\u20ac\u009d
\n\t\u00e2\u20ac\u201dWSJ columnist Brett Arends<\/p>\n
\u00e2\u20ac\u0153We have been a client-centered firm for 140 years, and if our clients believe that we don’t deserve their trust, we cannot survive.\u00e2\u20ac\u009d<\/p>\n
\t\u00e2\u20ac\u201dGoldman Sachs CEO Lloyd Blankfein<\/p>\n
From Lloyd’s mouth to God’s ear.<\/p>\n","protected":false},"excerpt":{"rendered":"
Goldman Sachs policy examined<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"http:\/\/www.mdlake.net\/index.php?rest_route=\/wp\/v2\/posts\/62","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.mdlake.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.mdlake.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.mdlake.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.mdlake.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62"}],"version-history":[{"count":0,"href":"http:\/\/www.mdlake.net\/index.php?rest_route=\/wp\/v2\/posts\/62\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.mdlake.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.mdlake.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.mdlake.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}