Why the Goldman News Isn't Shocking
The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics around the investing world.
Goldman Sachs has been in the news because of the public resignation missive of an employee, who detailed a declining corporate culture and a focus on putting Goldman's own interests ahead of its clients'. Its shares reacted negatively that day, and the water cooler has been abuzz, but Anand doesn't see what's so shocking. And he doesn't think it'll have much of an effect on Goldman's future.
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At the time this article was published Anand Chokkavelu, CFA, and The Motley Fool have no positions in the stocks mentioned above.Motley Fool newsletter services recommendGoldman Sachs. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.