Re:How Goldman Sachs Became a Tech-Investing Powerhouse
by mcv on Tuesday July 28, 2015 @11:08AM
(#9962041)
Why does Goldman Sachs still exist? Shouldn't they be in prison or something? How do they still have customers after they were so proud of screwing their own customers?
[ Parent
| on HN ]
Re:How Goldman Sachs Became a Tech-Investing Powerhouse
by atmosx on Tuesday July 28, 2015 @11:13AM
(#9962088)
I feel you. For those who don't, here are a few relevant readings:
http://www.rollingstone.com/politics/news/the-great-american...
http://economistsview.typepad.com/economistsview/2009/10/how...
That said, it's not Goldman's fault as much as it is the US gov's fault... It's failure to regulate that financial industry is humongous.
Re:How Goldman Sachs Became a Tech-Investing Powerhouse
by philfrasty on Tuesday July 28, 2015 @12:39PM
(#9962798)
We should not forget about GS, Greece and the EU....
Re:How Goldman Sachs Became a Tech-Investing Powerhouse
by s73v3r on Tuesday July 28, 2015 @04:34PM
(#9964296)
GS is still the one doing the actions. These actions are done by people who are perfectly capable of telling right from wrong.
Re:How Goldman Sachs Became a Tech-Investing Powerhouse
by prostoalex on Tuesday July 28, 2015 @11:29PM
(#9966009)
It's a collection of companies. An investment bank, a wealth management firm, a bank, a trader backed by its own assets, a trader for other people through an online and offline brokerages, a mutual fund operator, an IPO underwriter, a real estate owner and operator, a storage facility for commodities.
Each side of business has its own customers who have their own set of motivations.