<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet title="XSL_formatting" type="text/xsl" href="http://www.mediabistro.com/common_v4/xsl/content.xsl"?>

<rss version="2.0"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
    xmlns:media="http://search.yahoo.com/mrss"
	>

<channel>
<title>Goldman Sachs - PRNewser</title>
<link>http://www.mediabistro.com/prnewser</link>
<description>Your Daily PR Release</description>
<copyright>Copyright 2013</copyright>
<lastBuildDate>Wed, 22 May 2013 21:24:44 +0000</lastBuildDate>
<docs>http://blogs.law.harvard.edu/tech/rss</docs>
<atom:link href="http://www.mediabistro.com/prnewser/tag/goldman-sachs/feed" rel="self" type="application/rss+xml" />

<generator>http://wordpress.org/?v=3.4.1</generator>

<item>
<title>Big Brands Encourage Supreme Court to Support Gay Marriage</title>
<description><![CDATA[<p><img class="alignleft size-medium wp-image-58788" title="Six dudes, three chicks " src="http://www.mediabistro.com/prnewser/files/2013/02/SCOTUS-300x199.jpg" alt="Supreme Court of the United States " width="293" height="194" />An update in case you don&#8217;t follow judicial politics: The <strong>United States Supreme Court</strong> is about to hear a couple of cases challenging the constitutionality of the <strong>Defense of Marriage Act</strong> (DoMA), the 1996 legislation that effectively said &#8220;in the eyes of the federal government, marriage and related legal benefits can only occur between a man and a woman.&#8221;</p>
<p>Public opinion on the issue <a href="http://en.wikipedia.org/wiki/Public_opinion_of_same-sex_marriage_in_the_United_States" target="_blank">has shifted dramatically</a> since that law passed, and now <a href="www.reuters.com/article/2013/02/27/us-usa-court-gaymarriage-idUSBRE91Q0IG20130227" target="_blank">more than 200 of the country&#8217;s biggest brands</a> are teaming up to let the Supreme Court know that this isn&#8217;t just a cultural or political matter&#8211;DoMA is making it harder for businesses to operate.</p>
<p>Brands ranging from <a href="http://allfacebook.com/same-sex-marriage-supreme-court_b111709" target="_blank">techies like <strong>Facebook</strong></a> and <strong>Apple</strong> to consumer biggies like <strong>Nike</strong> and even financial titans like <strong>Citigroup</strong> and <strong>Goldman Sachs</strong> signed on to file what&#8217;s called a &#8220;supporting brief&#8221; or &#8220;friend of the court brief&#8221;. Their major point: DoMA effectively forces us to discriminate against our employees and makes the process of finding, courting and rewarding the talent we need that much more challenging.</p>
<p>How so, you ask?</p>
<p> <a href="http://www.mediabistro.com/prnewser/big-brands-encourage-supreme-court-to-support-gay-marriage_b58787#more-58787" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Patrick Coffee</dc:creator>
<comments>http://www.mediabistro.com/prnewser/big-brands-encourage-supreme-court-to-support-gay-marriage_b58787#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/big-brands-encourage-supreme-court-to-support-gay-marriage_b58787</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=58787</guid>
		<category><![CDATA[Advocacy]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Jon Huntsman]]></category>
		<category><![CDATA[Meg Whitman]]></category>
		<category><![CDATA[Nike]]></category>
		<category><![CDATA[United States Supreme Court]]></category>
<pubDate>Thu, 28 Feb 2013 11:28:54 +0000</pubDate>
  
	<media:content url="http://www.mediabistro.com/prnewser/files/2013/02/SCOTUS.jpg" width="290" height="140" medium="image" />
</item>
<item>
<title>Top Bankers &#8216;Accept&#8217; Pay Cuts. Will the Public Forgive and Forget?</title>
<description><![CDATA[<p><img class="alignleft size-medium wp-image-54969" title="There really was a wall there once, you know. " src="http://www.mediabistro.com/prnewser/files/2013/01/wallstreet-300x199.jpg" alt="" width="300" height="199" />You don’t have to be a public relations expert to know how the public feels about the banking industry. We hate it&#8211;like &#8220;<a href="http://www.gallup.com/poll/155357/americans-confidence-banks-falls-record-low.aspx" target="_blank">record low</a>&#8221; opinion polls hate it. In fact, we hate all of it—from hidden banking fees to that one time when banks almost destroyed everything good on the planet with their greed, obfuscation and wildly irresponsible practices.</p>
<p>And then there are those financial industry executives and their astronomical multimillion dollar salaries and bonuses. (There&#8217;s <a href="http://nymag.com/daily/intelligencer/2013/01/banker-bonus-comparing-app-is-filled-with-lies.html" target="_blank">an app</a> for that, by the way. It claims to compare bonuses for execs at the world&#8217;s biggest banks, and it can be yours for the appropriately inflated price of <em>$11.99</em>.)</p>
<p>The public doesn’t have a problem with people acquiring wealth through diligence, intelligence and sweat equity, but we loathe watching the economy sink into a financial abyss while those in charge shop for their own private islands.</p>
<p>Ever since the early days of the recession, the public never fully understood how people doing such a terrible job could be paid so handsomely. There appeared to be rules at play that don’t apply to the rest of us. Finally, however, the <a href="http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/16/banker-pay-is-finally-falling/" target="_blank">situation is changing</a>. That’s right. <strong>Jamie Dimon</strong>, chief executive for <strong>JP Morgan Chase</strong>, had his salary cut in half, to a mere $11.5 million. Good to know he avoided <em>that</em> potential PR disaster.</p>
<p>How will this &#8220;pay cut&#8221; campaign go over?</p>
<p> <a href="http://www.mediabistro.com/prnewser/top-bankers-accept-pay-cuts-will-the-public-forgive-and-forget_b54966#more-54966" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>James F. Thompson</dc:creator>
<comments>http://www.mediabistro.com/prnewser/top-bankers-accept-pay-cuts-will-the-public-forgive-and-forget_b54966#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/top-bankers-accept-pay-cuts-will-the-public-forgive-and-forget_b54966</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=54966</guid>
		<category><![CDATA[Damage Control]]></category>
		<category><![CDATA[Financial Communications]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Jamie Dimon]]></category>
		<category><![CDATA[JP Morgan Chase]]></category>
		<category><![CDATA[Stanley Morgan]]></category>
<pubDate>Thu, 17 Jan 2013 09:58:02 +0000</pubDate>
  
	<media:content url="http://www.mediabistro.com/prnewser/files/2013/01/wallstreet.jpg" width="290" height="140" medium="image" />
</item>
<item>
<title>Billionaire’s $100M Central Park Donation: PR Win?</title>
<description><![CDATA[<p><img class="alignleft size-medium wp-image-48373" title="Gates bridge" src="http://www.mediabistro.com/prnewser/files/2012/10/Gates-bridge-240x300.jpg" alt="" width="240" height="300" />Yesterday New York’s <strong>Central Park</strong> experienced one of its most notable events since the installation of <strong></strong><strong>Christo</strong>’s temporary art project <strong>The Gates</strong> in winter 2005: billionaire hedge fund manager <strong></strong><strong>John Paulson</strong> and the <strong>Paulson Family Foundation</strong> donated $100 million to the <strong>Central Park Conservancy</strong>. According to <strong>Brian Williams </strong>of <em>NBC Nightly News</em><strong></strong>, “It is believed to be the biggest single gift ever made to park land.”</p>
<p><em>The New York Times</em> reported on the <a href="http://www.nytimes.com/2012/10/24/nyregion/billionaire-donates-100-million-to-central-park.html?hp" target="_blank">rationale behind Paulson’s philanthropy</a>: at Tuesday’s press conference announcing the donation, Paulson said, “Central Park is among the most deserving of all of New York’s cultural institutions. And I wanted the gift to make a difference”. The funds will be evenly divided between the park’s endowment and capital improvements.</p>
<p>Paulson joined the Central Park Conservancy board in June, and he has supported the group for 20 years. According to <a href="http://www.forbes.com/sites/edwindurgy/2012/10/23/billionaire-john-paulson-steps-up-his-philanthropy-with-a-100-million-gift-to-central-park/" target="_blank">Forbes</a>, this gift far exceeds Paulson’s earlier philanthropic commitments, placing him “in a league with several of his most charitable peers atop New York City’s alternative asset management universe.”</p>
<p>Conservancy officials expressed delight at the bequest&#8211;president and CEO <strong>Doug Blonsky</strong> hailed the gift as “transformational,” saying it will enable the park to break its cycle of restoration and decline.</p>
<p>Paulson’s financial career has also experienced several ups and downs. He founded his hedge fund management company, <strong>Paulson &amp; Co</strong>, in 1994 and became a billionaire in 2007, making most of his money by shorting subprime loans and effectively rooting for the collapse of the real estate market.</p>
<p> <a href="http://www.mediabistro.com/prnewser/billionaires-100m-central-park-donation-pr-win_b48366#more-48366" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Nancy Lazarus</dc:creator>
<comments>http://www.mediabistro.com/prnewser/billionaires-100m-central-park-donation-pr-win_b48366#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/billionaires-100m-central-park-donation-pr-win_b48366</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=48366</guid>
		<category><![CDATA[Financial Communications]]></category>
		<category><![CDATA[Philanthropy]]></category>
		<category><![CDATA[Reputation]]></category>
		<category><![CDATA[Brian Williams]]></category>
		<category><![CDATA[central park]]></category>
		<category><![CDATA[Central Park Conservancy. Paulson & Co]]></category>
		<category><![CDATA[Christo]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[John Paulson]]></category>
		<category><![CDATA[Occupy Wall Street]]></category>
		<category><![CDATA[Paulson Family Foundation]]></category>
<pubDate>Wed, 24 Oct 2012 14:05:32 +0000</pubDate>
</item>
<item>
<title>Goldman Sachs PR Chief Dishes on Damage Control</title>
<description><![CDATA[<p><img class="alignleft size-medium wp-image-48241" title="Fancy! " src="http://www.mediabistro.com/prnewser/files/2012/10/jake-300x199.jpg" alt="" width="300" height="199" />Many media outlets have labeled <strong>Greg Smith</strong>’s investment banking expose <em>Why I Left Goldman Sachs</em> <a href="http://www.mediabistro.com/prnewser/goldman-sachs-greg-smith-memoi_b48084" target="_blank">disappointing</a>; some in the financial industry have gone so far as to call him a classic “<a href="http://www.bloomberg.com/news/2012-10-18/greg-smith-another-wall-street-con-man.html">con man</a>”. That doesn’t mean Goldman’s top PR guy <strong>Jake Siewert</strong> can rest easy.</p>
<p>A veteran of the Clinton administration and former adviser to Treasury Secretary <strong>Timothy Geithner</strong>, Siewert signed with Sachs earlier this year to help the firm’s principals “put the mistakes of the financial crisis behind them” and improve their company’s public image.</p>
<p>Mere days after Siewert’s <a href="http://dealbook.nytimes.com/2012/03/13/goldman-hires-a-new-p-r-chief/">hiring announcement</a>, <em>The New York Times</em> published Greg Smith’s defamatory op-ed decrying the Goldman Sachs culture of greed as “toxic and destructive”—so you might say he hit the ground running.</p>
<p>Most of Siewert’s damage control efforts over the past six months have amounted to “off the record” conversations defending the firm’s reputation, but <a href="http://nymag.com/daily/intel/2012/10/goldman-pr-chief-on-greg-smith.html" target="_blank">yesterday he sat down</a> with <em>New York</em> Magazine’s <strong>Kevin Roose</strong> to discuss the politics and challenges of reputation management.</p>
<p>We won’t reprint the entire interview, but here’s an interesting tidbit on why Goldman chose to shoot the messenger:</p>
<p style="padding-left: 30px;"><strong>&#8220;Why not just issue a generic statement saying, &#8216;Goldman Sachs is committed to serving its clients&#8217; needs&#8217; and leave it at that?</strong></p>
<p style="padding-left: 30px;"><strong></strong>That hasn&#8217;t worked out so well in the past. And frankly, we didn&#8217;t know what was in the book.&#8221;</p>
<p>Siewert is predictably guarded, but it’s still worth a read.</p>
<p>PR pros: How big is the challenge facing Siewert? Was Goldman right to attack Smith?</p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Patrick Coffee</dc:creator>
<comments>http://www.mediabistro.com/prnewser/goldman-sachs-jake-siewert-damage-control_b48240#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/goldman-sachs-jake-siewert-damage-control_b48240</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=48240</guid>
		<category><![CDATA[Damage Control]]></category>
		<category><![CDATA[Financial Communications]]></category>
		<category><![CDATA[Shoot the Messenger]]></category>
		<category><![CDATA[damage control]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Jake Siewert]]></category>
		<category><![CDATA[Kevin Roose]]></category>
		<category><![CDATA[New York magazine]]></category>
		<category><![CDATA[rich people problems]]></category>
		<category><![CDATA[The New York Times]]></category>
		<category><![CDATA[things we assume we wouldn't like]]></category>
<pubDate>Tue, 23 Oct 2012 15:52:41 +0000</pubDate>
  
	<media:content url="http://www.mediabistro.com/prnewser/files/2012/10/jake.jpg" width="290" height="140" medium="image" />
</item>
<item>
<title>Goldman Sachs Will Address The Court of Public Opinion Now</title>
<description><![CDATA[<p><img class="alignleft size-medium wp-image-48113" title="Doesn't look to threatening to us. " src="http://www.mediabistro.com/prnewser/files/2012/10/greg-smith-300x200.jpg" alt="" width="300" height="200" />Today marks a Very Serious Literary Event: the release of Wall Street turncoat/general sad sack Greg Smith’s highly anticipated non-fiction debut, <em><a href="http://www.amazon.com/Why-Left-Goldman-Sachs-Street/dp/1455527475">Why I Left Goldman Sachs</a></em>.</p>
<p>Smith’s book expands upon an op-ed <a href="http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?pagewanted=all&amp;_r=0">he wrote</a> for <em>The New York Times</em> back in March in which he decried his former employer’s once-noble culture as “toxic and destructive” while claiming to be shocked at “how callously people talk about ripping their clients off”. The article’s best-known revelation was the fact that managers referred to their clients as “muppets”—and not in an endearing Fozzie Bear kind of way.</p>
<p>First the obvious: Most Americans don’t think too highly of Goldman Sachs right now, no matter what Mr. Smith says. When Matt Taibbi of <em>Rolling Stone</em> <a href="http://www.rollingstone.com/politics/news/the-people-vs-goldman-sachs-20110511">referred</a> to the company as a “great vampire squid”, he wasn’t just engaging in colorful hyperbole: According to the widely cited YouGov Brand Index, GS remains <a href="http://www.brandindex.com/article/goldman-sachs-behind-perception-again">engaged</a> in a bad-PR battle with JPMorgan Chase to determine which financial organization Americans hate most.</p>
<p>Politicians may have plenty of love for Jamie Dimon and Lloyd Blankfein, but the average “man on the street” feels differently. So how will the biggest name in investment banking deal with its most visible enemy? Until now, the organization has largely ignored Mr. Smith, but a curious <a href="http://nymag.com/daily/intel/2012/10/goldman-sachs-reveals-greg-smith-battle-plans.html?mid=facebook_nymag">internal memo</a> reveals that this is no longer the case.</p>
<p> <a href="http://www.mediabistro.com/prnewser/goldman-sachs-greg-smith-memoi_b48084#more-48084" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Patrick Coffee</dc:creator>
<comments>http://www.mediabistro.com/prnewser/goldman-sachs-greg-smith-memoi_b48084#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/goldman-sachs-greg-smith-memoi_b48084</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=48084</guid>
		<category><![CDATA[Damage Control]]></category>
		<category><![CDATA[Financial Communications]]></category>
		<category><![CDATA[Reputation]]></category>
		<category><![CDATA[Scandal]]></category>
		<category><![CDATA[bad pr]]></category>
		<category><![CDATA[bottom feeders]]></category>
		<category><![CDATA[cheaters]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Greg Smith]]></category>
		<category><![CDATA[James Stewart]]></category>
		<category><![CDATA[Jamie Dimon]]></category>
		<category><![CDATA[JPMorgan Chase]]></category>
		<category><![CDATA[liars]]></category>
		<category><![CDATA[rich people problems]]></category>
		<category><![CDATA[Rolling Stone]]></category>
		<category><![CDATA[The New York Times]]></category>
		<category><![CDATA[things we assume we won't like]]></category>
<pubDate>Mon, 22 Oct 2012 15:45:03 +0000</pubDate>
  
	<media:content url="http://www.mediabistro.com/prnewser/files/2012/10/greg-smith.jpg" width="290" height="140" medium="image" />
</item>
<item>
<title>Goldman Sachs Has Tweeted Six* Times</title>
<description><![CDATA[<p><a href="https://twitter.com/#!/GoldmanSachs"><img class="alignleft size-full wp-image-38486" title="goldman-sachs-twitter" src="http://www.mediabistro.com/prnewser/files/2012/05/goldman-sachs-twitter.jpg" alt="" width="348" height="208" />Goldman Sachs</a> has a new Twitter account, launched on Friday for its shareholder meeting. And what did we learn from those meeting updates? That the account was live, shareholders support everything the company is doing, and the meeting is over. Riveting.</p>
<p>The other four tweets have focused on the company&#8217;s CSR efforts &#8212; investments in clean tech and renewable energy &#8212; and its work with small businesses. The company has nearly 12,000 followers.</p>
<p>The account is part of <a href="http://buzz.money.cnn.com/2012/05/25/goldman-sachs-public-relations-offensive/">a new PR campaign</a> launched by the financial firm&#8217;s communications head, <strong><a href="http://www.mediabistro.com/Richard-Siewert-Jr-profile.html">Richard Siewert Jr.</a></strong>, who started just as Greg Smith <a href="http://www.mediabistro.com/prnewser/reactions-to-the-now-famous-goldman-sachs-op-ed_b35265">blew our minds</a> with his <em>New York Times </em>resignation letter to the world<em>. </em>Siewert has been holding internal meetings explaining the new strategy, which is based on increased transparency. We&#8217;ll need a little more than these first few tweets.</p>
<p>*Make that seven times, as of 5/29 a.m.</p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Tonya Garcia</dc:creator>
<comments>http://www.mediabistro.com/prnewser/goldman-sachs-has-tweeted-six-times_b38478#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/goldman-sachs-has-tweeted-six-times_b38478</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=38478</guid>
		<category><![CDATA[Corporate communications]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Richard Siewert Jr.]]></category>
<pubDate>Mon, 28 May 2012 14:57:20 +0000</pubDate>
</item>
<item>
<title>Many Reactions to the Goldman Op-Ed Focus on Greg Smith</title>
<description><![CDATA[<p><img class="alignleft size-medium wp-image-35316" title="greg smith2" src="http://www.mediabistro.com/prnewser/files/2012/03/greg-smith2-300x185.jpg" alt="" width="300" height="185" />Reactions to <a href="http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?ref=opinion">Greg Smith&#8217;s censure</a> of the &#8220;new&#8221; Goldman Sachs have fallen into a few categories. Some went the <a href="http://abcnews.go.com/blogs/politics/2012/03/why-im-leaving-goldman-sachs-letter-sparks-online-parodies/">funny route</a>, like <a href="http://www.borowitzreport.com/2012/03/14/a-response-from-goldman-sachs/">The Borowitz Report</a>, which joked that only the &#8220;finest sociopaths&#8221; work at the firm and &#8220;announced&#8221; that LRA leader Joesph Kony would be replacing Smith. Darth Vader announced he was <a href="http://www.thedailymash.co.uk/news/society/why-i-am-leaving-the-empire%252c-by-darth-vader-201203145007/">leaving the Empire</a>. And Don Draper explained why he&#8217;s quitting <a href="http://madmen.wikia.com/wiki/%22Why_I%27m_Quitting_Tobacco%22">cigarettes</a>.</p>
<p>Some tried to show a little <a href="http://dealbook.nytimes.com/2012/03/14/welcome-to-the-goldman-firestorm/">sympathy</a> for <strong><a href="http://www.mediabistro.com/Richard-Siewert-Jr-profile.html">Richard Siewert Jr.</a></strong>, who only just started his job as the head of comms at Goldman and is already up to his eyeballs. A lengthy <a href="http://blogs.wsj.com/deals/2012/03/14/goldman-memo-we-were-disappointed-to-read-assertions/">memo</a> went out from Goldman execs Lloyd Blankfein and Gary Cohen (we wouldn&#8217;t be surprised if Siewert had a look at it), that <a href="http://blogs.wsj.com/deals/2012/03/14/goldmans-new-pr-chief-walks-into-a-muppet-show/">gets credit</a> from Dukas PR CEO Richard Dukas for being a measure better than the initial statement.</p>
<p> <a href="http://www.mediabistro.com/prnewser/reactions-to-the-now-famous-goldman-sachs-op-ed_b35265#more-35265" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Tonya Garcia</dc:creator>
<comments>http://www.mediabistro.com/prnewser/reactions-to-the-now-famous-goldman-sachs-op-ed_b35265#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/reactions-to-the-now-famous-goldman-sachs-op-ed_b35265</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=35265</guid>
		<category><![CDATA[Crisis Communications]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Greg Smith]]></category>
		<category><![CDATA[Richard Siewert Jr.]]></category>
<pubDate>Thu, 15 Mar 2012 16:14:51 +0000</pubDate>
</item>
<item>
<title>Research Finds Greg Smith Has A Point: People Don&#8217;t Trust Financial Companies</title>
<description><![CDATA[<p><img class="alignleft size-full wp-image-35261" title="lloyd blankfein" src="http://www.mediabistro.com/prnewser/files/2012/03/lloyd-blankfein.jpg" alt="" width="302" height="203" />Coincidentally, <strong><a href="http://www.mediabistro.com/Edelman-profile.html">Edelman</a></strong> has released some further detail from its <a href="http://www.mediabistro.com/prnewser/2012-edelman-trust-barometer-government-takes-a-hit_b32927">Trust Barometer</a> focused squarely on financial institutions. Given the <a href="http://www.mediabistro.com/prnewser/goldman-sachs-greg-smith-reputation_b35233">drubbing</a> that Goldman Sachs took today at the hands of Greg Smith, let&#8217;s take a closer look at the findings, shall we.</p>
<p><a href="http://www.slideshare.net/EdelmanInsights/2012-edelman-trust-barometer-us-financial-services-and-banking-industries">The Barometer found</a> that 46 percent of respondents don&#8217;t trust financial services. And 41 percent don&#8217;t trust banks. This is up from 2011 when trust was only at 25 percent. This Goldman article might drive that number back down the toilet.</p>
<p> <a href="http://www.mediabistro.com/prnewser/research-finds-greg-smith-has-a-poin-people-dont-trust-financial-companies_b35258#more-35258" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Tonya Garcia</dc:creator>
<comments>http://www.mediabistro.com/prnewser/research-finds-greg-smith-has-a-poin-people-dont-trust-financial-companies_b35258#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/research-finds-greg-smith-has-a-poin-people-dont-trust-financial-companies_b35258</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=35258</guid>
		<category><![CDATA[Research]]></category>
		<category><![CDATA[Edelman]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Greg Smith]]></category>
<pubDate>Wed, 14 Mar 2012 16:46:35 +0000</pubDate>
</item>
<item>
<title>Exec&#8217;s Resignation Op-Ed Confirms What We Already Knew About Goldman Sachs</title>
<description><![CDATA[<p><img class="alignleft size-full wp-image-35236" title="peston tweet" src="http://www.mediabistro.com/prnewser/files/2012/03/peston-tweet1.jpg" alt="" width="366" height="142" />The one percent is turning on itself!</p>
<p>&#8220;To put the problem in the simplest terms, the interests of the client continue to be sidelined in the way the firm operates and thinks about making money,&#8221; writes Greg Smith in the <a href="http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?ref=opinion"><em>New York Times </em>opinion piece</a> that has got Goldman Sachs trending on Twitter. After 12 years with the company, Smith, an executive with the financial powerhouse, tendered his resignation with the op-ed, saying that the company is so &#8220;toxic&#8221; he can&#8217;t identify with it anymore.</p>
<p>&#8220;The culture was the secret sauce that made this place great and allowed us to earn our clients’ trust for 143 years,&#8221; Smith goes on to say, describing a company that once worked with integrity, humility, and care for its clients. But no more. Now, it&#8217;s all about making money, no matter what.</p>
<p>&#8220;It astounds me how little senior management gets a basic truth: If clients don’t trust you they will eventually stop doing business with you. It doesn’t matter how smart you are,&#8221; he says. Preach!</p>
<p> <a href="http://www.mediabistro.com/prnewser/goldman-sachs-greg-smith-reputation_b35233#more-35233" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Tonya Garcia</dc:creator>
<comments>http://www.mediabistro.com/prnewser/goldman-sachs-greg-smith-reputation_b35233#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/goldman-sachs-greg-smith-reputation_b35233</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=35233</guid>
		<category><![CDATA[Crisis Communications]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Greg Smith]]></category>
		<category><![CDATA[Richard Siewert Jr.]]></category>
<pubDate>Wed, 14 Mar 2012 15:47:16 +0000</pubDate>
</item>
<item>
<title>Goldman Sachs Replaces Its Corp Comms Head</title>
<description><![CDATA[<div id="attachment_33332" class="wp-caption alignleft" style="width: 220px"><img class="size-full wp-image-33332" title="lucas-van-praag" src="http://www.mediabistro.com/prnewser/files/2012/02/lucas-van-praag.jpg" alt="" width="210" height="158" /><p class="wp-caption-text">Lucas van Praag</p></div>
<p>Whispers about the pending departure of Goldman Sachs&#8217; global head of corporate communications turned out to be true.</p>
<p><a href="http://nymag.com/daily/intel/2012/02/goldman-ousts-longtime-spokesman-lucas-van-praag.html"><em>New York</em> magazine</a> confirmed late yesterday that the company had replaced Lucas van Praag, a 12-year veteran of the company and its voice post-economic meltdown, with Richard “Jake” Siewert Jr.</p>
<p>Siewert was previously a counselor to Treasury Secretary Tim Geithner. According to <a href="http://www.bloomberg.com/news/2012-01-31/goldman-said-to-be-in-talks-to-hire-siewert.html">Bloomberg</a>, &#8220;Hiring Siewert may help bolster Goldman Sachs’s links with the Democratic Party in the U.S., which controls the Senate and the White House under President Barack Obama.&#8221; Employees have already given hundreds of thousands to the Romney campaign, though donations to Obama topped $1 million during the last election.</p>
<p> <a href="http://www.mediabistro.com/prnewser/goldman-sachs-replaces-its-corp-comms-head_b33331#more-33331" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Tonya Garcia</dc:creator>
<comments>http://www.mediabistro.com/prnewser/goldman-sachs-replaces-its-corp-comms-head_b33331#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/goldman-sachs-replaces-its-corp-comms-head_b33331</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=33331</guid>
		<category><![CDATA[PR's Revolving Door]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
<pubDate>Thu, 02 Feb 2012 11:05:41 +0000</pubDate>
</item>
<item>
<title>Goldman Sachs Faces Off With Shareholders</title>
<description><![CDATA[<p><strong><a href="http://www.mediabistro.com/Goldman-Sachs-profile.html"><img class="alignright size-medium wp-image-20623" title="lloyd_blankfein" src="http://www.mediabistro.com/prnewser/files/2011/05/lloyd_blankfein-300x225.jpg" alt="" width="300" height="225" /></a></strong><strong><a href="http://www.mediabistro.com/Goldman-Sachs-profile.html">Goldman Sachs</a></strong> had its annual shareholders meeting in New Jersey on Friday. So <strong><a href="http://www.mediabistro.com/Lloyd-Blankfein-profile.html">Lloyd Blankfein</a></strong> had the chance to sit in front of a room full of investors and explain why he got <a href="http://www.reuters.com/article/2011/05/06/us-goldman-meeting-idUSTRE74548M20110506">a $5.4 million bonus</a> last year even though stocks were down 38 percent. Seriously, this guy must have cajones as big as his bald head. At this point, there are no plans for the CEO to step down.</p>
<p> <a href="http://www.mediabistro.com/prnewser/goldman-sachs-faces-off-with-shareholders_b20520#more-20520" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Tonya Garcia</dc:creator>
<comments>http://www.mediabistro.com/prnewser/goldman-sachs-faces-off-with-shareholders_b20520#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/goldman-sachs-faces-off-with-shareholders_b20520</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=20520</guid>
		<category><![CDATA[Corporate communications]]></category>
		<category><![CDATA[Events]]></category>
		<category><![CDATA[Financial Communications]]></category>
		<category><![CDATA[Dezenhall Resources]]></category>
		<category><![CDATA[Eric Dezenhall]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Lloyd Blankfein]]></category>
<pubDate>Mon, 09 May 2011 18:27:35 +0000</pubDate>
</item>
<item>
<title>&#8216;Friend&#8217;lier Headlines for Goldman With Facebook Investment?</title>
<description><![CDATA[<div id="attachment_12188" class="wp-caption alignleft" style="width: 303px"><img class="size-full wp-image-12188" title="Lloyd_Blankfein-1" src="http://www.mediabistro.com/prnewser/files/2011/01/Lloyd_Blankfein-1.jpg" alt="" width="293" height="216" /><p class="wp-caption-text">Goldman chief exec Lloyd Blankfein</p></div>
<p><strong><a href="http://www.mediabistro.com/Goldman-Sachs-profile.html">Goldman Sachs</a></strong>&#8216; $450 million investment in <strong><a href="http://www.mediabistro.com/Facebook-profile.html">Facebook</a></strong> may be just what both companies need. Goldman didn&#8217;t exactly emerge popular from the financial crisis, and for all its fans, Facebook &#8220;ranked last among e-business in customer satisfaction last year,&#8221; a <a href="http://www.marketwatch.com/story/facebook-friends-goldman-2011-01-03"><em>Wall Street Journal</em> MarketWatch story says</a>.</p>
<p><a href="http://www.businessinsider.com/this-week-in-social-media-goldmans-450-million-investment-in-facebook-is-a-winwin-for-both-companies-2011-1#ixzz1ABG0j65M">Business Insider says</a> &#8220;Goldman&#8217;s reputation is enhanced as it&#8217;s seen as Facebook&#8217;s banker.&#8221; That&#8217;s a nice switch for the firm from the <a href="http://blogs.reuters.com/felix-salmon/2010/04/16/goldmans-reputation-in-tatters/">Reuters blog headline</a> that called its reputation &#8220;in tatters&#8221; back in April.</p>
<p>And the move both bodes well for Facebook as a growth company and pushes chatter about the company as an IPO candidate to the forefront, <a href=" http://www.businessinsider.com/this-week-in-social-media-goldmans-450-million-investment-in-facebook-is-a-winwin-for-both-companies-2011-1">the article suggests</a>.</p>
<p> <a href="http://www.mediabistro.com/prnewser/friendlier-headlines-for-goldman-with-facebook-investment_b12175#more-12175" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Karen Schwartz</dc:creator>
<comments>http://www.mediabistro.com/prnewser/friendlier-headlines-for-goldman-with-facebook-investment_b12175#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/friendlier-headlines-for-goldman-with-facebook-investment_b12175</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=12175</guid>
		<category><![CDATA[Financial Communications]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
<pubDate>Wed, 05 Jan 2011 12:46:07 +0000</pubDate>
</item>
<item>
<title>Goldman&#8217;s New Ads</title>
<description><![CDATA[<p><a href="http://www.mediabistro.com/prnewser/files/2010/09/goldman.bmp"><img class="alignleft size-full wp-image-5359" src="http://www.mediabistro.com/prnewser/files/2010/09/goldman.bmp" alt="" width="193" height="129" /></a>Goldman&#8217;s doing good. That&#8217;s what a new series of ads is set to show, <a href="http://www.cnbc.com/id/39416191">according to a CNBC story</a>. <strong><a href="http://www.mediabistro.com/Goldman-Sachs-profile.html">Goldman Sachs</a></strong> had a full pager in today&#8217;s <em>Wall Street Journal</em> “touting the company&#8217;s role in raising capital for a clean energy project,” the story says. It suggests the ad as the start of a “new public relations campaign” for the firm, which has <a href="http://www.mediabistro.com/prnewser/dartmouth-comm-prof-on-goldman-sachs-it-really-is-a-battle-about-the-perceptions-that-people-hold_b3484">faced multiple reputation-related struggles</a>, especially since the financial crisis began.</p>
<p>While we wouldn&#8217;t quite call it PR, it does seem to be an attempt to spruce up the firm&#8217;s image. The article sees it as an effort to show Goldman&#8217;s positive contributions to various communities.</p>
<blockquote><p>Goldman, in short, is trying to show how it is playing a role at improving the lives of Americans rather than simply increasing its bottom line.</p></blockquote>
<p>Other ads will allegedly highlight how Goldman helps women and small business owners via business education.</p>
<p>Almost a year ago, we asked you if <a href="http://www.mediabistro.com/prnewser/goldman-sachs-pr-move-500-million-to-small-businesses_b2495">Goldman Sachs&#8217; initiative to invest</a> $500 million into 10,000 U.S. small businesses <a href="https://www.mediabistro.com/prnewser/poll-do-goldman-sachs-latest-actions-change-your-perception-of-the-company_b2499">changed your perception</a> of the company.</p>
<p>Maybe it&#8217;s time to ask again. Do you think the new ads will help?</p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Karen Schwartz</dc:creator>
<comments>http://www.mediabistro.com/prnewser/goldmans-new-ads_b5350#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/goldmans-new-ads_b5350</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/?p=5350</guid>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
<pubDate>Wed, 29 Sep 2010 17:35:28 +0000</pubDate>
</item>
<item>
<title>Goldman Sachs&#8217; $1 Million PR Man</title>
<description><![CDATA[<p><img alt="lucas-van-praag.jpg" src="/prnewser/files/original/lucas-van-praag.jpg" width="156" height="214" class="alignright" vspace="3" hspace="8/" /></p>
<p>It was only a matter of time before a <strong><a href="http://www.mediabistro.com/Lucas-Van-Praag-profile.html">Lucas Van Praag</a></strong> feature story popped up, and we <a href="http://www.thedailybeast.com/blogs-and-stories/2009-12-06/goldmans-20-billion-bonus-dilemma/?cid=hp:exc">have one today</a>, by CNBC&#8217;s <strong><a href="http://www.mediabistro.com/Charlie-Gasparino-profile.html">Charlie Gasparino</a></strong> in The Daily Beast. Van Praag runs PR for Goldman Sachs, and is facing quite the challenge of managing the brand&#8217;s reputation through perhaps its most <a href="http://www.mediabistro.com/prnewser/damage_control/goldman_sachs_pr_move_500_million_to_small_businesses_143527.asp">trying times</a>.</p>
<p>Sources told Gasparino Van Praag is well respected at Goldman, and his job is safe, for now. However, a &#8220;shift in public-relations strategy is in the works,&#8221; including bringing on more online and broadcast media consultants. Of course, this is one reason why every agency CEO has been offering free advice to the firm via blog posts and other public statements. They are all salivating at what could be the largest financial services account in the country.</p>
<p>Gasparino also <a href="http://www.thedailybeast.com/blogs-and-stories/2009-12-06/goldmans-20-billion-bonus-dilemma/?cid=hp:exc">reports</a> what many have assumed. Van Praag is the &#8220;highest paid flack on Wall Street and one of the top-earning mouthpieces in all of corporate America, with an annual compensation that has (particularly during the good years) well exceeded $1 million.&#8221;</p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Joe Ciarallo</dc:creator>
<comments>http://www.mediabistro.com/prnewser/goldman-sachs-1-million-pr-man_b2602#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/goldman-sachs-1-million-pr-man_b2602</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/goldman-sachs-1-million-pr-man_b2602</guid>
		<category><![CDATA[Damage Control]]></category>
		<category><![CDATA[Charlie Gasparino]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Lucas Van Praag]]></category>
<pubDate>Mon, 07 Dec 2009 11:08:13 +0000</pubDate>
</item>
<item>
<title>Have Goldman Sachs&#8217; PR Moves Done Anything To Help Its Image?</title>
<description><![CDATA[<p><img alt="goldmanchart.jpg" src="/prnewser/files/original/goldmanchart.jpg" width="390" height="234" /></p>
<p><img alt="lloyd-blankfein12.jpg" src="/prnewser/files/original/lloyd-blankfein12.jpg" width="97" height="123" class="alignleft" vspace="3" hspace="8/" /></p>
<p>Bank holding company Goldman Sachs <a href="http://www.mediabistro.com/prnewser/damage_control/goldman_sachs_pr_move_500_million_to_small_businesses_143527.asp">made several PR moves</a> last month, announcing a $500 million investment in 10,000 U.S. small businesses and issuing a public apology from CEO <strong><a href="http://www.mediabistro.com/Lloyd-Blankfein-profile.html">Lloyd Blankfein</a></strong> [pictured] for the firm&#8217;s role in last year&#8217;s financial meltdown. It seems in the court of public opinion, Goldman <a href="http://blogs.wsj.com/deals/2009/12/01/for-goldman-the-pr-hits-keep-coming/">still has their work cut out for them</a>.</p>
<p>A <em>Vanity Fair</em> feature story, <a href="http://www.vanityfair.com/business/features/2010/01/goldman-sachs-200101?printable=true">available online now</a>, will hit newsstands nationally next week. In the story, one  hedge-fund trader says of the firm, &#8220;It&#8217;s like the Mob who picks up the garbage&#8230;You pay their fees, because you need your garbage picked up.&#8221;</p>
<p>In a recent <a href="http://www.mediabistro.com/prnewser/prnewser_poll/poll_do_goldman_sachs_latest_actions_change_your_perception_of_the_company_143602.asp">PRNewser poll</a>, 62% of respondents said that the Goldman&#8217;s recent actions have not changed their perception of the company.</p>
<p><b>UPDATE:</b> We&#8217;ve added the above chart from YouGov&#8217;s BrandIndex. The survey interviews 5,000 people each weekday from a representative US population sample. A score can range from 100 to -100 and is compiled by subtracting negative feedback from positive. A zero score means equal positive and negative feedback. Margin of error is +/- 2%.</p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Joe Ciarallo</dc:creator>
<comments>http://www.mediabistro.com/prnewser/have-goldman-sachs-pr-moves-done-anything-to-help-its-image_b2574#disqus_thread</comments>
<link>http://www.mediabistro.com/prnewser/have-goldman-sachs-pr-moves-done-anything-to-help-its-image_b2574</link>
<guid isPermaLink="false">http://www.mediabistro.com/prnewser/have-goldman-sachs-pr-moves-done-anything-to-help-its-image_b2574</guid>
		<category><![CDATA[Damage Control]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Lloyd Blankfein]]></category>
<pubDate>Wed, 02 Dec 2009 12:39:51 +0000</pubDate>
</item>

</channel>
</rss>
