has the reputation of being a breed apart on Wall Street. Its employees are smarter, hungrier and quicker to the draw than those at rival firms. Thanks to these differences, Goldman sits at the apex of the nation’s investment banking hierarchy.
Whether or not you buy into that narrative, there is one way in which Goldman clearly does set itself apart from its competitors: It has more leeway to pick and choose which executives’ legal bills it will pay if they become entangled in an investigation or legal proceeding.
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