Saturday, December 29, 2012

Forget The 'Vampire Squid' — Goldman Made An Incredible Comeback In 2012

BI reports: Almost everyone loves to hate on Goldman Sachs, a.k.a the "Vampire Squid". Goldman's image and that of its CEO, Lloyd Blankfein, have been bruised by the criticism they have received over the bank's role in the financial crisis as well as the hefty compensation packages.

It's been a rough last three years. However, we've noticed that Goldman and Blankfein have made quite a comeback in the last year in terms of boosting their public image.  While other big banks that have seen the whale trade, the LIBOR and money laundering scandals, Goldman has avoided all of that making them look much better by comparison……

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