The Economic Times

Ex-Goldman CEO recalls facing the Congressional firing squad after the Global Financial Crisis

Goldman Sachs navigated intense scrutiny following the financial crisis. The firm faced accusations about its involvement in the AIG bailout and the creation of the ABACUS mortgage product. Executives testified before congressional committees. Despite facing public and media pressure, Goldman Sachs maintained its position as an intermediary in financial transactions. The firm's profitability returned in early 2009.