Goldman Sachs’ Place in Trump’s World

The transcript discusses the surprising rise of Goldman Sachs' stock following Trump's election, despite his campaign targeting the bank. It explores the potential rollback of regulations like the Dodd-Frank Act and the Volcker Rule, which could benefit Goldman Sachs. The transcript also examines the bank's endorsement of Hillary Clinton and the subsequent reaction of Wall Street to Trump's victory. The discussion highlights the rapid shift in Wall Street's stance and the potential economic implications of Trump's appointments.

What was one of the main reasons for the rise in Goldman Sachs' stock value after Trump's election?

• Anticipated rollback of regulations

• Support from Hillary Clinton

• Increased public trust in banks

• New investment strategies

Which regulation is mentioned as particularly affecting Goldman Sachs before Trump's election?

• The Glass-Steagall Act

• The Gramm-Leach-Bliley Act

• The Volcker Rule

• The Sarbanes-Oxley Act

How did Goldman Sachs publicly position itself during the presidential campaign?

• Endorsed Hillary Clinton

• Remained neutral

• Endorsed Donald Trump

• Criticized both candidates

What was a surprising element of Trump's appointments from Goldman Sachs?

• They were all new to politics

• They were expected to create jobs

• They had no financial experience

• They were all Democrats

What was the general reaction on Wall Street to Trump's election?

• Confusion

• Optimism

• Panic

• Indifference