On the Issues
- Overview
- Responses to FCIC Requests
- Goldman, Sachs & Co. Settlement with the SEC
- Creation of the Business Standards Committee
- Lloyd Blankfein Media Appearances
- Testimony before the U.S. Financial Crisis Inquiry Commission (FCIC)
- Testimony before the U.S. Senate Permanent Subcommittee on Investigations (PSI)
- Risk Management and the Residential Mortgage Market
- Causes of the Financial Crisis
- Regulatory Reform
- Compensation Principles
- Viewpoints
Our industry must review its role in the financial crisis, working with regulators to strengthen the financial system and reduce systemic risk.
The causes of the crisis are complex, but it is clear that financial institutions did not raise enough questions about whether some of the trends and practices in our industry served the public’s long-term interests. Our industry has much to do to regain the public’s trust and to help mend the global financial system.
Safe and effective financial markets are essential to global growth and prosperity. We are working with regulators to make the financial system safer. We also need to improve the system’s ability to perform two critical functions: allocating capital to where it will be used most effectively and giving investors the opportunity to participate in markets in an equitable fashion.
Goldman Sachs is committed to strengthening the financial system.
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