Did Goldman Sachs Invest $500 Million In Facebook For The 'Good PR'?


According to one theory, yes.

For Goldman it represents a big step toward remaking itself after two years of embarrassment and scandal stemming from the financial crisis. It’s good PR. Goldman gets its name in a headline without the usual accompanying words “settlement,” “foreclosure,” or “bailout.”

Facebook Friends Goldman [MarketWatch]


Lloyd Zoom

2016: The Year In Goldman Sachs

A year defined by anti-elite populism ended up putting Goldman back on top of the world.