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> reasonable I'm not sure what is meant by that word, but in addition to profit there are questions of ethics, and the enlightened self-interest of wanting a r
by forapurpose 9y ago
> reasonable
I'm not sure what is meant by that word, but in addition to profit there are questions of ethics, and the enlightened self-interest of wanting a reputation for integrity, a stable financial system in which people feel its safe to participate, and a society built on merit and integrity.
Profit alone isn't a good guide to business decisions.
- jjxw 9y agoAgreed. To clarify, I use the term in a narrow sense limited to what I imagine to be "reasonable" from the profit seeking point of view of Goldman.