Tuesday, April 27, 2010

News: Goldman Sachs: Trust is key to survival, says chief

WASHINGTON - JANUARY 13:  Lloyd Blankfein (L),...Image by Getty Images

BBC News: Goldman Sachs: Trust is key to survival, says chief

The chief executive of Goldman Sachs is to tell a US Senate hearing that the firm did not mislead clients and could not survive without their trust.

Lloyd Blankfein will also say that the day he learned that regulators were filing fraud charges against Goldman was the worst of his professional life.

Goldman chief Lloyd Blankfein will speak about the importance of trust.

Remember that you can read what's happening with SEC's Lawsuit against goldman and a timeline of what happened at Economy Lessons.

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