Has Goldman Stopped Breeding Winners?

by Derek Loosvelt | February 17, 2009

That's what the AP asks in an article chronicling the latest mishaps of Goldman Sachs alumni such as Henry "Bailout" Paulson, John "The Decorator" Thain, and Robert "What Crisis?" Rubin.

The answer seems to be that, indeed, what was once a smooth yellow brick road to success in public service might now be a bit uneven and tarnished, but the fact remains that Goldman and its reputation are still intact, with few if any potholes, which is more than the streets of Citi and others can say, not to mention the thoroughfares of those no longer with us (Lehman and Bear, oh my) that have been swept away in the economic tornado that hit U.S. shores in the summer of '07.

Filed Under: Finance


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