Goldman Sachs proves the lord works in mysterious ways

Updated

Did Goldman Sachs Group (GS) Chief Executive Lloyd Blankfein invoke the lord's name in vain when he said Wall Street's most successful bank was doing "God's work?" Experts are divided.

"The question of whether the CEO of Goldman Sachs is doing God's work is at one level a very complex one," says Dr. Andrew Abela, chairman of the Department of Business & Economics at the Catholic University of America. Abela, who is working on a book, Catechism for Business, says, "The vast size of the bank and its extensive influence on markets and on government policy, means that it is operating at all times in a moral minefield."

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