Ethics at Goldman Sachs
15 Pages Posted: 12 Aug 2010
Date Written: August 10, 2010
Goldman Sachs continues to defend its title in the media as the most maligned and unscrupulous company throughout this past decade's financial downfall and 'standing ten count.' Two of the largest and most scrutinized transactions during this period were the currency swaps designed to hide Greece's debt and the making of the Abacus deal that blindly fleeced investors of billions. We delve into the fine print of these two particular deals to try and evaluate whether Goldman was inherently immoral and unethical or a merely surfer responding to its environment and going with the flow of the moment.
Keywords: Goldman Sachs, Ethics, Abacus, Greece
Suggested Citation: Suggested Citation