Goldman Sachs is considered one of the most prestigious and powerful investment banks in the world. It was founded in 1869 in New York City, where it maintains its headquarters. The company is divided into three businesses units: Investment Banking, Trading and Principal Investments, and Asset Management and Securities Services. It has over 3,5000 employees and branches in over 50 countries.
There’s a long list of controversies pertaining to Goldman Sachs: its role in the food-bubble, causing and profiting from US subprime mortgages, the strong links between the company and international politics, its involvement in the European sovereign debt crisis, fraud, etc.
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