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Goldman Sachs Explains Itself in National Campaign

Today, Goldman Sachs, the Wall Street investment bank, kicked off a national advertising campaign. The goal is to explain to regular Americans what it actually

Jul 31, 2020
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Today, Goldman Sachs, the Wall Street investment bank, kicked offa national advertising campaign. The goal is to explain to regular Americans what it actually does and, one presumes, to try to shake its vampire-squid-wrapped-around-the-face-of-humanity rap. From Dealbook:
“Effectively, what we’ve seen and a lot of other people have seen is we need to give them a better understanding of who we are and what we do,” David Wells, a spokesman for Goldman, told DealBook. “This is meant to help do that.”
The campaign, which is being overseen by the advertising agency Young & Rubicam, kicked off Wednesday with full-page advertisements in The New York Times and The Wall Street Journal. It will include print advertisements in national, regional and local newspapers and banner advertisements on various Web sites and is planned to continue into 2011, Mr. Wells said.
I can just imagine the ads now:
Goldman Sachs. Making billions off the financialization of the U.S. economy since 1869. Making billions off the carry trade since 2008.
The company’s current slogan, addressed at other businesses, is “Our client’s interest always comes first.” Suspect.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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