Associated Press | Goldman Sachs’ Chairman and CEO Lloyd Blankfein told shareholders Friday the investment bank is creating a business standards committee to study its practices as it fights civil fraud charges brought by the Securities and Exchange Commission. “We need a rigorous self-examination,” Blankfein told investors at the company’s annual meeting. “Our firm must review our core principles.”

He noted there is a disconnect between how Goldman Sachs views itself and how outsiders see the company.

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