dallas said:
GS is considered the king of all investment banks, the place that everybody and their dog wants to work at. You won't get in there if you do not have an Ivy League sheepskin, and for the record, they made more $$$$$ during the bailout months than they ever did. |
You know during the bailouts, whereas other companies would sell bad assets/securities at anywhere from 40-70%, GS refused anything below 100%. They were unwilling to compromise and cooperate. There was a lot of coverage about this on NPR a while back, so I can't really source it either.
Still, they did take a gamble and it paid off (not related to the above comment); I think NYT called them "peerless in finance" or something? That was a while ago, I can't remember.
