Goldman Sachs is a name we all know, well those of us who follow international investment of any kind for any reason. At a time when banks were the salem witches for their part in the collapse of the American economy, Goldman Sachs was Melinda Warren. While the fires are only hot coals now it will likely be a long time before we forget the stories of executives taking hundreds of thousand dollars in golden parachute payments as their banks imploded.
The feelings of the public aside, on Wall Street Goldman Sachs never lost its status. Even as other banks were completely drowned by the crisis, Goldman Sach’s seemed to have the British stiff upper lip and with cut-to-the-bone analysis the firm was one of the fastest banks to start profiting from the new realities left in the wake of the crisis.