Goldman Sachs helped Titan raise capital. If you believe that Titan hasn't performed well as a company, how is that the fault of Goldman Sachs as opposed to say, Titan's senior management team? Do you have any knowledge of trends in the global tire market? Do you know about tire subsidies from the Chinese government and how companies like Titan may have been impacted by them? What do you think would happen to Titan if it didn't have access to capital?
Wall Street firms structure countless financing deals for thousands of companies every year. Some of those companies are in better shape and better managed than others, and thus some of them are able to tap the capital markets on better terms than others.
As for the book you reference, I'm sure Goldman Sachs, like any company, is not perfect. But judging a company based on one book written by a single person with a single perspective and that wasn't exactly the recipient of universal praise is silly. If Goldman Sachs, which has been around since 1869, offered nothing of value, took advantage of its clients, and was in fact responsible for leading them to their demise, you'll have to come up with a good theory as to why it's still in business.
Wall Street firms structure countless financing deals for thousands of companies every year. Some of those companies are in better shape and better managed than others, and thus some of them are able to tap the capital markets on better terms than others.
As for the book you reference, I'm sure Goldman Sachs, like any company, is not perfect. But judging a company based on one book written by a single person with a single perspective and that wasn't exactly the recipient of universal praise is silly. If Goldman Sachs, which has been around since 1869, offered nothing of value, took advantage of its clients, and was in fact responsible for leading them to their demise, you'll have to come up with a good theory as to why it's still in business.