Tuesday, 20 April 2010

Has Goldman Sachs suffered reputation damage from the SEC charges?

The simple answer is no. For the so called "sophisticated investors" (a misnomer to be sure - but their hubris will promulgate that self delusion), who are the clients of Goldman, the intense focus that has now been brought to bear on the company will only underline and reinforce their conviction that it is best to be with the most ruthless predator in the shark infested eco-system known as Wall Street.

No comments:

Post a Comment