[ Salem said he and other traders in his group didn’t mind getting paid a lower percentage of their produced revenue than other parts of the firm. Salem said he did find it “a little bit insulting” that Jeff Verschleiser, a trading executive who was hired from Bear Stearns Cos. in 2008, kept a box of toaster ovens at his desk that he would award to employees who made notable trades. Bloomberg] Tags:
Goldman Sachs, Jeff Verschleiser, the pride of Bear Stearns, toasters
Which is why the bank is pretty confident that Goldman Sachs is totally wrong and that Spain’s highly-compensated players will repeat as World Cup champions this summer.
On a related note, ING’s pretty sure that Colombia has been spelling its name wrong for the last 200 years.
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can’t argue with the market, follow the money, foolproof systems, Goldman Sachs, good news Dodgers: You’re winning the World Series this year, ING, local Ivy League university doesn't seem to have much of a chance, World Cup
“Etc” being banks where “trading revenue [has] plunged,” which seems reasonable. Read more » Tags:
fixed-income, Goldman Sachs, Layoffs, tough breaks
Employees, particularly those in fixed income, are reportedly worried about having an uncomfortable conversation with Gary Cohn’s inner thigh. Read more » Tags:
Goldman Sachs, Layoffs, things that might leave a mark
President Obama took a little trip to a Bay Area Wal-Mart on Friday to tell Goldman Sachs that it’s doing God’s work. But it already knew that. Read more » Tags:
Barack Obama, clean tech, drops in the bucket, Goldman Sachs, things that seem philanthropic