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Articles by Christine Harper, Bloomberg News

We found 1 results.

Goldman Stunned by Op-Ed Loses $2.2 Billion for Shareholders
Christine Harper, Bloomberg News – San Francisco Chronicle, 19 Mar 2012

Goldman Sachs Group Inc. saw $2.15 billion of its market value wiped out after an employee assailed Chief Executive Officer Lloyd C. Blankfein’s management and the firm’s treatment of clients, sparking debate across Wall Street. The shares dropped 3.4 percent in New York trading yesterday [14 Mar 2012], the third-biggest decline in the 81-company Standard & Poor’s 500 Financials Index, after London-based Greg Smith made the accusations in a New York Times op-ed piece.