Commentary: Radical steps could help Goldman restore its image

04/29/2010 | Washington Post (tiered subscription model), The

Writing in a Washington Post commentary, Matt Miller speculates on how Goldman Sachs may be able to restore its image after this week's brutal hearings before a Senate panel. The effort starts with Goldman leading -- instead of fighting -- efforts to step up regulation of Wall Street. The company would also endorse higher tax rates and embrace critics. "This won't blow over. Unsentimental pragmatism now requires changing Goldman's ways via startling steps that make everyone sit up and take notice," Miller wrote.

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