How Goldman Sachs failed at consumer banking

Goldman Sachs — saying the name out loud conjures images of Ivy League-educated investment bankers in tailored suits managing money for the wealthiest of the wealthy. Or closing deals in high-rise corporate offices. Advising the wealthiest of the wealthy. Navigating the corridors of power across the world's financial capitals — New York, London, Singapore. So, why did Goldman Sachs — the 150-year-old investment bank — try to get into checking accounts and credit cards? And, what's more, how did Goldman Sachs fail at that? Watch the video above to find out more.