"Everyone has to have big eyes, big ears, know what's going on around them and be policemen for...

|By:, SA News Editor

"Everyone has to have big eyes, big ears, know what's going on around them and be policemen for the organization," says Goldman Sachs (GS) CEO Blankfein to employees as part of the annual meeting. Among the reforms after a 3-year review of bank practices: Proposed transactions need to be run through "technological matrixes" to check for appropriateness. Don't me afraid to call me, says Blankfein, as the risk of reputational damage outweighs the cost of wasting his time. (Video to be posted to website later)