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Insider Today: Ex-Goldman partners dish
  + stars: | 2023-09-20 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
This post originally appeared in the Insider Today newsletter. In today's big story, former Goldman Sachs partners explain what led them to leave their prestigious positions within the bank. A recent Insider investigation by Dakin Campbell and Emmalyse Brownstein found that at least 202 partners have left the firm during CEO David Solomon's volatile five-year tenure. And while Solomon's strategic missteps were a key talking point for many, not all the former partners bashed the CEO. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.
Persons: Goldman Sachs, it's, Goldman, David Solomon, Dakin Campbell, Emmalyse Brownstein, David Solomon's, Dakin, It's, Julian Salisbury, Dina Powell McCormick, Fred Baba, Solomon, Lloyd Blankfein, Apoorva Mehta, Instacart, Daniel Sundheim, Michael Moritz, Here's, Instacart's, Beck, Apoorva, Mehta, Tyler Le, Steve Squeri, Squeri, AEW, Tony Khan, Lauren Boebert, Anna Moneymaker, General Merrick Garland, Kim Kardashian, General Mills, Getty, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, D1 Capital Partners, Sequoia, Getty, Sequoia Capital, Northwestern Mutual Wealth Management's, American Express, Wrestling, WWE's, Fed, U.S, FedEx, General Locations: Wall, Silicon, What's, , ChatGPT, Cerebral, Colorado, Mostar, Bosnia, Herzegovina, Greece, Bulgaria, Moldova, New York City, San Diego, London, New York
What the heck is going on at Goldman Sachs
  + stars: | 2023-06-23 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
It's been non-stop negativity over at Goldman Sachs recently. The bad news just keeps rolling in over at Goldman Sachs. The Economist put a fine point on this earlier this year when it ran a cover story titled "The humbling of Goldman Sachs." But Goldman Sachs' historic partnership model has given it a distinct culture, where these kinds of things matter. Whatever the truth is, it's clear that Goldman Sachs and David Solomon are going to remain in the headlines for some time.
Persons: It's, Goldman Sachs, David Solomon's, Dakin Campbell, grumbling, Solomon, Goldman, David Solomon, it's, Dina Powell McCormick, Gregg Lemkau, Stephen Scherr, Eric Lane, Katie Koch, Fred Baba, he's, he'd, John Rogers, Tony Fratto Organizations: Goldman, Wall Street, The New York Times, Silicon Valley Bank, DJ, Discovery Land Company, New York Times, Air Mail Locations: California
As if all that wasn't enough, the leadership at Goldman Sachs had another cross to bear on Tuesday: two of its high-profile partners exiting the bank. (In fact, he made our annual list of rising stars on Wall Street in 2020.) That begs the question: Has Goldman Sachs' partnership lost some of its luster? And here's a running list of partners who have left Goldman Sachs under David Solomon. According to The Wall Street Journal, many of the industry's power players aren't looking forward to Biden-Trump part II.
Persons: Dan DeFrancesco, I'm, we've, Wall Streeter, Goldman Sachs, Sayonara, Goldman, Fred Baba, Dina Powell McCormick, Baba, George Floyd, Jane Street, Powell McCormick, Donald Trump, She's, Goldman alums, Byron Trott, Gregg Lemkau, David Solomon, Jane, Powell, Fred Baba's, Steve Cohen, Point72, Beth Abramson, Jeffrey Cane, Nathan Rennolds Organizations: JPMorgan, Bloomberg, Wall Street, Goldman, MSD Partners, Street, Biden, Trump, Financial Times, Nvidia, Netflix, LinkedIn Locations: NYC, Australia, New York, London
News broke Tuesday of two high-profile Goldman Sachs partners leaving the bank. It hasn't been smooth sailing at Goldman Sachs in recent months. As if all that wasn't enough, the leadership at Goldman Sachs had another cross to bear on Tuesday: news breaking of two of its high-profile partners exiting the bank. The exits come amidst a difficult few months for Goldman Sachs, which has seen a change in strategy, a reorg, disappointment over bonuses, and layoffs. Which begs the question: Has Goldman Sachs' partnership lost some of its luster?
Persons: Goldman Sachs, Fred Baba, Dina Powell McCormick, David Solomon, Baba, George Floyd, Jane Street, Powell McCormick, Donald Trump, She's, Goldman alums, Byron Trott, Gregg Lemkau, Jane, Goldman, Powell Organizations: Morning, Goldman, Bloomberg, Wall Street, MSD Partners, Street
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