Tag: being unpopular

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Finance Perspectives Practices Public Affairs

Goldman Sachs and the Perils of Personality

Does Goldman Sachs have a God problem? A God complex? An ungodly headache?

Goldman, once a venerable institution known for keeping close counsel, is now a lightning rod for populist criticism of the financial sector. And its latest public relations efforts don’t seem to be helping.

The bank’s very success – turning a profit in excess of $3 billion last quarter – is exacerbating the problem. Americans are in no mood to celebrate Wall Street success. With deepening bonus pools and bulked up compensation packages, Goldman isn’t winning any friends. Read