22
Feb
2013
Goldman’s Heinz Problem
Categories: Financial Services, Taking & Managing Risk
Although it is Wall Street’s biggest deal advisor, Goldman Sachs is not advising on the mammoth $28 billion takeover of Heinz. But the firm is involved in the widening investigation about suspicious options trades that came from a Goldman client account in Zurich just before the deal was announced.
Goldman isn’t accused of wrongdoing, but its communication strategy – if it has one – is doing nothing to help the firm’s battered reputation.
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