Goldman Sachs on Ethics

There is a a fascinating post on Goldman Sach’s committment to Ethics at the Financial News:

Goldman Sachs, which publishes an ethics code on its website that emphasizes its “integrity and honesty”, adds a rider that reads: “From time to time, the firm may waive certain provisions of this Code.”

Yes indeed, the sound of weasel words that already proliferate and accumulate in various financial statements and contracts. A sign of the conditional morality of our times.

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