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Goldman Sachs: Enter the Partnership Struggle

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Goldman Sachs will decide who will and who will not make partner at the firm this October, an event that only happens every other year. What’s more, Goldman will be making these decisions only months after it was forced to replace its top leadership when Hank Paulson left for the Department of Treasury. The Telegraph has a great story on the internal politics at Goldman—high level defections, lots of resumes floating around competing firms and intense interest in how the recent elevation of traders to many of the firm’s top slots will effect partnership elections. Unfortunately, no one uses the phrase “fighting like ferrets.”
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