Someone Get Matt Taibbi On The Horn
The Times has something huge on you know who.
In addition to the cumulative stock sales and stock ownership, the filings show an inner circle that is chiefly male — 87 percent of the current partners are men...Most Wall Street firms shed their partnerships after going public. But Goldman, one of the last big investment banks to sell shares to the public, created a hybrid model, as an incentive for employees. Goldman releases the names of the new partners, but keeps the full membership list close to the vest. It’s a formidable group. The members are typically the firm’s most senior executives, including Mr. Blankfein and chief operating officer Gary D. Cohn...The club is also heavily male. When Goldman went public, only 6 percent of the partners were women, including the senior economist Abby Joseph Cohen. That percentage has risen to a little more than twice that today.
