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Ed Morrison · CNBC presents “Goldman Sachs: Power And Peril”: Travels to Cleveland
October 4th, 2010
Valdis Krebs passes around a “heads up”.
On Wednesday, October 6th at 9PM ET/PT, CNBC presents “Goldman Sachs: Power And Peril,” a CNBC Original reported by award-winning correspondent David Faber. CNBC, First in Business Worldwide, takes viewers inside the firm’s tightly knit corporate culture of extraordinarily driven professionals to help explain both its success and the reasons why it’s come under such widespread criticism.
The program looks at how Goldman Sachs’ aggressive trading culture has come under scrutiny both in Washington, D.C. and on Main Street, amid accusations that the investment bank misled investors. CEO Lloyd Blankfein is on record as defending the firm’s actions and maintaining that it acted appropriately.
Faber reveals how Goldman Sachs benefited from controversial deals before, during and after the global economic crisis. CNBC travels to Cleveland, OH where critics believe that Goldman Sachs and other Wall Street banks fueled reckless mortgage lending that created a real estate bubble whose implosion battered neighborhoods.
CNBC presents “Goldman Sachs: Power And Peril”
Last 5 posts by Ed Morrison
- Signing off - February 3rd, 2012
- "The current global development model is unsustainable" - February 1st, 2012
- Market opportunities for developing Chicago's green economy - January 29th, 2012
- Plain Dealer flubs its explanation for firing Tony Grossi - January 27th, 2012
- Linking and leveraging university assets to strengthen regional economies - January 27th, 2012
