DealB%k: Once Remote, Goldman Sachs Puts on a Friendly Public Face
Michael Robinson comments on the criticism Goldman Sachs has received since the financial crisis and how the firm can best enhance its reputation.
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With many government investigations, there is a strategic point at which a decision must be made – do we fight back hard? do we cooperate? do we find some middle ground? Once that strategy is determined, the subsequent challenges are no less daunting.
Media commentary must be calibrated to support the strategy, third-party supporters must be enlisted, and key parties to the case must be prepared to appear at public events, before Congress, or in other high-profile venues.
Levick’s Government Investigations team wins battles on all fronts. We aggressively fought the Department of Justice after it reneged on an amnesty agreement. We have helped conciliated investigators, including some of the toughest state AGs in the country, to reach mutually acceptable agreement even amid public clamor for punitive action. We have prepared a variety of clients to testify before Congress, from corporate executives to a high-profile sports figure.
Levick’s team works seamlessly with legal counsel throughout such investigations. All companies know they need good lawyers when the government serves a subpoena. The smart ones also know they’ll need to regain public trust once the inquiry is over. Whatever the outcome, the goal is to return to business as usual as quickly and decisively as possible.
In seeking one of the largest antirust fines in history Stolt-Nielsen S.A., a Norwegian shipping company, the Justice Department breached a 2002 amnesty agreement with the company.
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Michael Robinson comments on the criticism Goldman Sachs has received since the financial crisis and how the firm can best enhance its reputation.
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Richard Levick comments on BSkyB’s attempts to distance itself from the News Corp. phone hacking scandal.
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