Sunday, April 18, 2010
Will Customers Start Walking from Goldman Sachs?
This is an interesting article that discusses the recent accusation the SEC made towards GS of deception. The biggest worry for Goldman Sachs is if its clients will start choosing other investment banks to do business with. GS has been accused of lying to customers and it would made sense that there would be a decrease in clients. Why would clients trust Goldman Sachs with their money if GS has been accused for lying?
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Even with the SEC accusation and the thoughts of them lying to customers, I believe that Goldman will stay at the top of investment banks and most customers staying put.
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