DealBook – Goldman’s Charitable Efforts Stoke Tensions – 28 October 2013



Goldman Sachs “wants the world to know it has a charitable side,” DealBook’s Susanne Craig reports. “With the same calculation that earned it a reputation as the savviest trading house on Wall Street, it has staked out a position as one of the nation’s leading corporate philanthropists, giving away more than $1.6 billion since 2008.” As John F.W. Rogers, Goldman Sachs’s chief of staff, put it: “Engaging wasn’t just the right thing, it was necessary, especially in the wake of the financial crisis when people said we weren’t doing enough.”

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