Goldman Sachs Makes 266 People's Mornings

Unlike the life-changing partnership ritual that takes place every two years, the managing director promotions, announced today, are more of a light pat on the ass that says, you’re doing a pretty okay job so far, but don’t get cocky. You've graduated from VP (a title which is now, amazingly, described to the layman as "the level attained by the disgruntled former employee Greg Smith"), and that's something to be proud of, but stay hungry for the reach-around.
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Unlike the life-changing partnership ritual that takes place every two years, the managing director promotions, announced today, are more of a light pat on the ass that says, you’re doing a pretty okay job so far, but don’t get cocky. You've graduated from VP (a title which is now, amazingly, defined as "the level attained by the disgruntled former employee Greg Smith"), and that's something to be proud of, but stay hungry for the reach-around.

Zachary T. Ablon
Reyhaan Aboo
Jeff Albee
Carlos Albertotti
Shahzad Ali
David E. Alvillar
Timothy Amman
Lucia Arienti
Jacqueline Arthur
Willem Baars
Nilesh Banerjee
Michael Bang
Marc Banziger
Yibo Bao
Vlad Y. Barbalat
Tanya Barnes
Melissa Barrett
Dan Bennett
Alyssa Benza
Bruce Berg
Dinkar Bhatia
Meera Bhutta
Matthew G. Bieber
Keith Birch
Kerry Blum
Tim Boddy
Matteo Botto Poala
Ryan Boucher
Joseph Braik
Fernando Bravo
Chris Buddin
Paul H. Burchard
Caroline Carr
Marie-Ange Causse
Daniel Cepeda
Jean-Baptiste Champon
Raymond Chan
Rita Chan
Pierre Chavenon
Gigi Chavez de Arnavat
Angus Cheng
Nikhil Choraria
Adam Clark
Hugo Clark
Colin Convey
Piers Cox
Chris Crampton
Fredrik Creutz
Heidi Cruz
Angelo Curreli
Laurianne Curtil
Pol De Win
Matthew DeMonte
Anthony Dewell
Joshua A. Dickstein
Kuniaki Doi
Jessica Douieb
Martine Doyon
Jennifer Drake
Dexter D'Souza
David Dubner
Amy Elliott
Theodore Enders
Hugh Falcon
Aidan Farrell
Raymond Filocoma
Andrea Finan
Jeffrey Fine
James A. Fitzsimmons
Matthew Flett
Robert G. Frahm III
Alisdair Fraser
Barry Friedeman
Charlie Gailliot
Renyuan Gao
Manuel A. Garcia
Suzanne Gauron
Darren T. Gilbert
Jason Gilbert
Guillermo Gimenez
Eric Goldstein
Jamie Goodman
Betsy Gorton
Pooja Goyal
Jason Granet
David Granson
David Grant
Tim Grayson
Brian Greeff
Marci Green
Stephen Griffin
Kristen Grippi
Dinesh Gupta
Manav Gupta (Securities)
Yuhei Hara
Toshiya Hari
Todd Haskins
Aime Hendricks
Michael Henry
Peter U. Hermann
Alejandro Hernandez
James Herring
Jamie Higgins
Peter J. Hirst
Christopher Hogan
Mike Holmes
Jonathan P. Horner
Katie Hudson
Kenneth Hui
Lars Humble
Amer Ikanovic
Stephanie Ivy
Antoine Izard
Gunnar Jakobsson
Dong Soo Jang
James M. Joyce
John C. Joyce
Benjamin D. Kass
Christopher Keller
Simon J. Kingsbury
Judge Kirby
Jeffrey Klein
John H. Knorring
Marina Koupeeva
Jane Lah
Pierre Lamy
Arthur Leiz
Alex Levy
Alexander S. Lewis
Tim Li
Zheng Li (IBD)
Stephane Lintner
Ilya Lisansky
Darren Littlejohn
Jean Liu
John Liu
Wanlin Liu
Wendy Mahmouzian
Mazen Makarem
Daniel R. Mallinson
Thomas Manetta
Robert C. Mara III
Stephen Markman
Dunstan Marris
Jon May
Kristen McDuffy
Victoria McLean
Sean McWeeney Jr
Benoit Mercereau
Edouard Metrailler
Peter Michelsen
Samantha Migdal
Jeffrey Miller
Marko Milos
Teruko Miyoshi
Steven Moffitt
Sarah Mook
Hari Moorthy
Michael Moran
Paula P. Moreira
Alister A. Morrison
Peter Mortimer
Chukri Moubarak
Sara Naison-Tarajano
Anthony J. Nardi
Gleb Naumovich
Sean Naylen
Oliver Neal
Olaf Nordmeyer
Barry O'Brien
Patrick O'Connell
Zahabiya Officewala
Keisuke Okuda
Elizabeth Overbay
Robert A. Palazzi
Philip Pallone
Mitesh J. Parikh
Brian A. Pasquinelli
Nita Patel
Manolo Pedrini
Douglas Penick
David Perdue
Michael Perloff
Patrick Perreault
Alec Phillips
Marc Pillemer
Noah Poponak
Kim-Thu Posnett
Sameer Ralhan
Mo Ramani
Samuel Ramos
Andrea Raphael
Kareem Raymond
Neil Reeve
Claudia Reim
Grant Richard
Valentina Riva
Fernando Rivera
Brian Robinson
Tom Robinson
Javier Rodriguez (Operations)
David Roman
Katya Rosenblatt
Richard J. Rosenblum
Amanda Rubin
Bryan Rukin
Akshay Sahni
Gunjan Samtani
Lucas W. Sandral
Manu Sareen
Philip Saunders
Monika Schaller
Michael Schlee
Jonathan Schorr
Anton Schreider
Peter Schwab
Roy A. Schwartz
Joshua Schwimmer
Stuart Sclater-Booth
Kunal Shah
Martin Sharpe
Hao Shen*
Mark Siconolfi
Vanessa Simonetti
Amit Sinha
Matthew Slater
Ian Spaulding
Richard Spencer
Lesley Steele
Heiko Steinmetz
Michael Strafuss
Takashi Suwabe
Linda Tai
Laura Takacs
Maurice Tamman
Eng Guan Tan
Katsunori Tanaka
Bob Tankoos
Belina Thiagarajah
John R. Thomas
Cullen Thomason
Glenn Thorpe
Jonathan Tipermas
Michele Titi-Cappelli
Timothy G. Tomalin-Reeves
Carrie Van Syckel
Tammy VanArsdalen
Carmine Venezia
Frank Viola
Heather von Zuben
Monali Vora
Martin Walsh (Technology)
Ward Waltemath
Stephen Warren
Luke Wei
Matthew Weir
Chris Wells
Geoffrey M. Williams
Neil Wolitzer
Willie W. Wong
Nicola Wright
Makoto Yamada
Wendy Yun
Genya Zemlyakova
Jing Zhang**
Allen Zhao

Goldman Sachs Announces New Managing Directors [GS]

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Recent events might have had you thinking otherwise, but Credit Suisse does more than just layoff its employees-- sometimes it promotes them, too! Earlier this morning, in fact, the Swiss bumped a whole bunch of guys and girls up to managing director. And even though it's not grundle-to-face level exciting, it's still something.

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A week ago today, a man named Greg Smith resigned from Goldman Sachs. As a sort of exit interview, Smith explained his reasons for departing the firm in a New York Times Op-Ed entitled "Why I Am Leaving Goldman Sachs." The equity derivatives VP wrote that Goldman had "veered so far from the place I joined right out of college that I can no longer in good conscience say I identify with what it stands for." Smith went on to note that whereas the Goldman of today is "just about making money," the Goldman he knew as a young pup "revolved around teamwork, integrity, a spirit of humility, and always doing right by our clients." It was a culture that made him "love working for the firm" and its absence had stripped him of "pride and belief" he once held in the place. While claiming that Goldman Sachs has become virtually unrecognizable from the institution founded by Marcus (Goldman) and Samuel (Sachs), which put clients ahead of its own interests, is hardly a new argument, there was something about Smith's words that gave readers a moment's pause. He was so deeply distraught over the differences between the Goldman of 2012 and the Goldman of 2000 (when he was hired) that suggested...more. That he'd seen things. Things that had made an imprint on his soul. Things that he couldn't forget. Things that he held up in his heart for how Goldman should be and things that made it all the more difficult to ignore when it failed to live up to that ideal. Things like this: