Goldman Sachs (GS) may strip as many as 60 executives of their partnerships this year to make way for new executives in a process known as “de-partnering.”
Only 375 or so of Goldman’s 35,000 employees are partners, The New York Times reported. Winning partnership can be seen as a ticket to permanent success, with former partners including former Treasury Secretaries Henry Paulson and Robert Rubin….
Continue reading Goldman Sachs May Strip 60 Executives of Partnership
Goldman Sachs May Strip 60 Executives of Partnership originally appeared on DailyFinance on Mon, 13 Sep 2010 07:50:00.
Filed Under: Company News, People, Goldman Sachs , Credit, Stocks in the News