Goldman Sachs announced the loss of a second member of its 23-member management committee in as many weeks. Suzanne Nora Johnson, the highest-ranking woman at the firm, will leave in January.
Since Nora Johnson came up through Goldman's investment banking division, her news of her departure following so closely on the resignation of Scott Kapnick, who was one of three co-heads of investment banking at Goldman, adds to the impression that the firm is still hemorrhaging senior investment bankers disgruntled with the current leadership.
Bloomberg's story alludes to the alleged power struggle without referring to it directly.
Goldman, the most profitable securities firm in Wall Street history, named Lloyd Blankfein as chairman and chief executive officer in June after Henry Paulson left to become U.S. Treasury Secretary. Blankfein, a former trading chief, named Gary Cohn and Jon Winkelried, two former trading executives, as his top deputies and reorganized management in Europe and Asia.