The drum roll please, the bank with the worst reputation is...

May 12, 2011|By Eileen Ambrose

Goldman Sachs Group Inc.

That’s according to a Bloomberg survey of more than 1,263 traders, investors and analysts this week. Fifty-four percent of respondents had an unfavorable view of Wall Street’s Goldman Sachs.

That’s more than twice the percentage who had a negative view of JPMorgan Chase, Bloomberg reported.

Some of the others in the running: 49 percent polled viewed Citigroup negatively, while 48 percent had a dim view of Bank of America.  Thirty-five percent had a unfavorable opinion of Deutsche Bank.

Bloomberg reported that Goldman, which paid $550 million last year to settle regulator’s allegations that it misled people in a mortgage-related investment, likely won’t suffer any repercussions from its tarnished reputation.

 Isnt' that nice.

Update: You're my editors! Thanks for the catch. It's been corrected.

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