I have been paying a fixed rate into a small life insurance policy at Commonwealth (Allmerica) for 25 years. NOW they raise the rates, when they know full-well that we won't give up that investment. Excellent example of corporate greed. Owned by Goldman Sachs. Buy somewhere else! The Goldman Sachs Group, Inc. (NYSE: GS) is an American multinational bulge bracket investment banking firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients. Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in the Lower Manhattan area of New York City, with additional offices in international financial centers. The firm provides mergers and acquisitions advice, underwriting services, asset management, and prime brokerage to its clients, which include corporations, governments and individuals. The firm also engages in market making and private equity deals, and is a primary dealer in the United States Treasury security market. It is recognized as one of the most prestigious investment banks in the world,[2][3] but has sparked a great deal of controversy over alleged improper practices, especially since the 2007–2012 global financial crisis.