Goldman Sachs 2002 Annual Report Download - page 3

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GO LDMAN SA CH S 2002 A N N UA L R EPO RT 1
The difficult business and economic climate throughout much
of the world in 2002 produced unprecedented challenges for
both users and providers of capital. It also created unexpected
opportunities for those who were able to seize them.
For Goldman Sachs, our clients’ expectations were high:
clarity at a time of uncertainty, strategies to bolster liquidity today
and growth tomorrow, and prompt execution on their behalf
despite troubled markets.
Certain characteristics define G oldm an Sachs, our people and how w e do business:
W e focus on our clients and their best interests and outcom es;
W e work as a team because the w hole really is greater than the sum of its parts; and
W e are determined to turn adverse m ark et conditions into future opportunities.
We cannot control external forces but we always strive to meet
our own high standards of professionalism, excellence and integrity,
regardless of the environment. The results are long-term client
relationships that span geographies and decades, and a position of
leadership within global markets that is the foundation for success
in the years to come.