Goldman Responds To Ethics Waiver Query
As promised, we bring you Goldman's response to our earlier query on whether any ethics waivers have been used in the prior five years by executive or non-executive employees of GS. It appears all of Goldman's workers have conducted themselves with the utmost ethical standards (at least from their perspective) and no waivers have been requested. To wit:
Thanks for your message. The ethics code, including waiver provision, was required under SarbOx. No waivers have been requested.
Regards / Lucas
This only leaves former GS CEO Hank Paulson as a prominent user of an ethical waiver, when employed by the Dept of Treasury as we wrote previously, specifically in the context of bailing out Goldman Sachs.