Chinese Bestseller Accuses Goldman Sachs Inc.
Goldman Sachs Group Inc. slips to number 10 th in supporting the world’s companies raise debt, down from ninth last year.This data has been compiled by the reputed bloomberg.
Its share of this year’s $1.9 trillion in global offerings dipped to 3.7 percent, from an average 4.8 percent in the previous 10 years.Companies CEO Lloyd Blankfein is looking to restore the firm’s reputation as an advocate for its customers after agreeing last month to pay a record fine to settle U.S. allegations it misled clients over sales of a mortgage-linked security.
Chinese Bestseller targets Goldman Sachs
“Goldman Sachs Conspiracy” this is the name of latest new book released in Chinese market and had sold over 100,000 copies since June and is one of the best seller at current time,this book is accusing the investment bank of trying to destroy China.another book “Eliminate All Competitors — How Goldman Sachs Wins Over the World,” which has been published last year
by author Li Delin, was also one of the quite popular book.
According to LI – The company’s ultimate goal, he says in the first chapter, is to “kill China.”
According to latest news from Associated Press these books also accuses Goldman Sachs of involvement in the recent Dubai and Greek debt debacles and the wider European financial and fiscal crises.