Yahoo TV Goldman Sachs CEO woes: Why it may not be as dire as people think
77,593 次觀看・1 年前
Goldman Sachs CEO David Solomon has been facing heavy criticism due to partner unrest, a slowdown in investment banking, and a pivot away from consumer banking. Yahoo Finance Reporter David Hollerith explains that the 154-year-old bank has gone through similar times of turmoil in the past, such as a near bankruptcy in 1929, the passing away of its top boss in 1976, and a record amount of trading losses in 1994. Hollerith says that despite current criticism, history has shown Goldman Sachs (GS) to be resilient, saying "that might mean that the current situation is not as dire as some might think."
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