The Magazine of Corporate Responsibility

Tag Archive for ‘Lloyd Blankfein’

Goldman’s Self-Help: Eat, Pay, Trade

Reporter Jesse Eisinger suggests that Goldman Sachs’ announcement last week of a plan to increase transparency and disclosure does not resolve some big questions about the investment banks’ role in financial markets. “Could there be an argument that Goldman should break up into three smaller, more focused companies?” he asks. “It would be better for the financial system, and just might lead to the self-improvement that Goldman is searching for.”

Financial Crisis Commission: Watch Out for Phil Angelides

There will no doubt be a fair amount of theater this week as the Financial Crisis Inquiry Commission holds its first public hearings exploring the causes of the 2008 financial crisis that nearly catapulted the U.S. and world economies into a 21st century Great Depression. While many will focus attention on the star bankers testifying, there’s another potential star in this drama that you might want to keep on eye on: the commission’s chairman, Phil Angelides.

BOOKS: Andrew Ross Sorkin’s “Too Big To Fail”

New York Times reporter Andrew Ross Sorkin’s “Too Big to Fail” is too good to put down. Chock-a-block with color and fly-on-the-wall detail, it chronicles bankers and government regulators searching desperately for solutions to the global financial crisis of 2008.