Articles by Levick Experts
Goldman Gets It About Adverse Publicity
By Richard Levick
March 23, 2010
All things considered, it's a game-changer. On March 1, Goldman Sachs (GS) filed a 10-K financial statement in which the financial giant explicitly acknowledges "adverse publicity" as a major risk factor.
Adverse publicity, wrote the firm, can "have a negative impact on our reputation and on the morale and performance of our employees, which could adversely affect our businesses and results of operations."