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Compliance

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Greg MacSweeney
Greg MacSweeney
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Blankfein Sounds Off, Dow 15,000?, Taibbi on Senate’s MF Global Inquiry, and more Quotes of the Week

Lloyd Blankfein opens up (well, sort of), Dow 15,000, Matt Taibbi on the Senate's MF Global hearings and the increasing use of consumer devices in the enterprise, also known as Bring Your Own Device (BYOD), are some of the topics people are chattering about this week. Wall Street & Technology keeps you in the loop by compiling some of the best quotes of the week. Enjoy!
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1. We're Not Perfect

We haven't gotten everything right with respect to how we have dealt with the public. Don't forget, we are an institutional wholesale firm, we have no real consumer businesses so we didn't really have those [PR] muscles.

— Lloyd Blankfein, Chairman & CEO, Goldman Sachs said on CNBC.

Source: Wall Street & Technology

 

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

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Stressed Out by Compliance, Reputational Damage & Fines?
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Financial services executives are living in a "regulatory pressure cooker." Here's how executives are preparing for the new compliance requirements.