GC: That sunscreen’s not gonna rub itself in

As Goldman Sachs shrinks, its elite inner circle will also be getting smaller. The Wall Street firm is expected to name fewer than 100 new partners this fall, one of the smallest classes in recent years, according to people briefed on the matter but not authorized to speak on the record…The selection process for new partners will heat up this summer, with current partners both nominating and vetting candidates. Goldman will make final decisions on the size of the class and who is in this fall, with an announcement most likely coming in November. [Dealbook]