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Goldman Sachs (1869 — 2023)

The tumult is starting to weigh on the business. Bankers say...
Smoky forum knife
  07/13/23
Why? Did they bet on recession? they were just early imo
peach trip garrison place of business
  07/13/23
ceo is too busy djing.
cracking primrose jew really tough guy
  07/13/23
Getting dat ass kicked in consumer banking.
Smoky forum knife
  07/13/23
...
Vermilion slippery dopamine
  07/13/23
Nice to see that such a legendary asshole is boommering his ...
Lavender location international law enforcement agency
  08/11/23
...
massive concupiscible fortuitous meteor dilemma
  08/22/23
...
Appetizing stag film azn
  08/22/23
...
180 rose water buffalo gunner
  08/19/23
It was clear from the beginning Solomon was gonna sink the s...
Vermilion slippery dopamine
  07/13/23
but he’s a dj
Stirring violent native
  08/22/23
They should buy Computershare.
walnut costumed piazza kitty cat
  07/13/23
This would actually make sense. Or possibly do something wei...
walnut costumed piazza kitty cat
  10/17/23
https://www.cnn.com/2023/07/19/investing/goldman-sachs-q2-ea...
Smoky forum knife
  07/20/23
They need a strong Indian CEO
impressive multi-colored internal respiration doctorate
  07/20/23
https://www.nytimes.com/2023/08/11/business/goldman-sachs-da...
Smoky forum knife
  08/11/23
"Also last month, a friend and former colleague of Mr. ...
Lavender location international law enforcement agency
  08/11/23
Based on people I know who worked there they never really ha...
Excitant range
  08/11/23
They payed less than other firms and used the "GS brand...
cordovan exciting mood
  08/11/23
They obviously need an Indian CEO, the new Jews. Time to kic...
impressive multi-colored internal respiration doctorate
  08/11/23
...
Apoplectic pungent toilet seat indirect expression
  10/31/23
It's basically boomers collecting $$$ non-stop off the work ...
Navy Puppy Center
  08/11/23
(every major industry run by boomers)
rebellious wonderful gas station
  10/31/23
https://www.youtube.com/watch?v=mBGzy8SaSdI
Smoky forum knife
  08/19/23
https://nypost.com/2023/08/22/goldman-sachs-cancels-summer-f...
Smoky forum knife
  08/22/23
https://finance.yahoo.com/news/goldman-sachs-profit-plunges-...
Smoky forum knife
  10/17/23
lmao, welp so much for ibanking
Mustard hominid
  10/17/23
They should buy the wealth management arm of Lincoln Financi...
walnut costumed piazza kitty cat
  10/17/23
I still cant believe they even want into the 401k/403B busin...
walnut costumed piazza kitty cat
  10/17/23
https://www.youtube.com/watch?v=WR6hn0MgY1E
Smoky forum knife
  10/31/23
https://www.cnbc.com/2024/09/09/goldman-sachs-to-post-400-mi...
Smoky forum knife
  09/10/24
if ur ceo do u get paid more or get more bona fides from tak...
Provocative Sooty Lodge
  09/10/24
Where are we on this?
milky principal's office
  09/10/24
Respect your betters.
peach trip garrison place of business
  09/10/24


Poast new message in this thread



Reply Favorite

Date: July 13th, 2023 2:35 PM
Author: Smoky forum knife

The tumult is starting to weigh on the business. Bankers say calls with clients increasingly start with questions about the negative headlines coming out of the firm. Goldman lost the M&A crown for the first half of the year to JPMorgan, according to Refinitiv — a blip maybe, but an unnerving one at a firm that treats its No. 1 ranking as sacred.

Goldman’s own acquisitions have ranged from middling (United Capital) to disastrous (GreenSky). Solomon has overpaid for things he shouldn’t have (again, GreenSky) and missed out on things that would have moved the needle (Global Shares, which went to JPMorgan, was the last remaining on-ramp into the business of managing employee stock plans, an unflashy but linchpin offering for any firm with wealth-management ambitions).

https://www.semafor.com/article/07/13/2023/goldman-sachs-is-about-to-report-its-worst-quarterly-earnings-in-years

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46543731)



Reply Favorite

Date: July 13th, 2023 2:37 PM
Author: peach trip garrison place of business

Why? Did they bet on recession? they were just early imo

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46543734)



Reply Favorite

Date: July 13th, 2023 2:39 PM
Author: cracking primrose jew really tough guy

ceo is too busy djing.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46543747)



Reply Favorite

Date: July 13th, 2023 2:41 PM
Author: Smoky forum knife

Getting dat ass kicked in consumer banking.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46543752)



Reply Favorite

Date: July 13th, 2023 2:41 PM
Author: Vermilion slippery dopamine



(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46543756)



Reply Favorite

Date: August 11th, 2023 10:09 AM
Author: Lavender location international law enforcement agency

Nice to see that such a legendary asshole is boommering his way to humiliation.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46656344)



Reply Favorite

Date: August 22nd, 2023 10:12 PM
Author: massive concupiscible fortuitous meteor dilemma



(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46702949)



Reply Favorite

Date: August 22nd, 2023 10:15 PM
Author: Appetizing stag film azn



(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46702964)



Reply Favorite

Date: August 19th, 2023 12:09 PM
Author: 180 rose water buffalo gunner



(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46688926)



Reply Favorite

Date: July 13th, 2023 2:37 PM
Author: Vermilion slippery dopamine

It was clear from the beginning Solomon was gonna sink the ship. Just doesn't have it

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46543736)



Reply Favorite

Date: August 22nd, 2023 10:16 PM
Author: Stirring violent native

but he’s a dj

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46702971)



Reply Favorite

Date: July 13th, 2023 2:42 PM
Author: walnut costumed piazza kitty cat

They should buy Computershare.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46543758)



Reply Favorite

Date: October 17th, 2023 8:24 AM
Author: walnut costumed piazza kitty cat

This would actually make sense. Or possibly do something weird and buy a finance adjacent "software company"like a Broadridge. Broadridge basically prints money and would remove them from the boom bust deal cycle.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46945616)



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Date: July 20th, 2023 5:06 AM
Author: Smoky forum knife

https://www.cnn.com/2023/07/19/investing/goldman-sachs-q2-earnings/index.html

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46568640)



Reply Favorite

Date: July 20th, 2023 5:59 AM
Author: impressive multi-colored internal respiration doctorate

They need a strong Indian CEO

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46568660)



Reply Favorite

Date: August 11th, 2023 6:48 AM
Author: Smoky forum knife

https://www.nytimes.com/2023/08/11/business/goldman-sachs-david-solomon.html

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46656002)



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Date: August 11th, 2023 10:20 AM
Author: Lavender location international law enforcement agency

"Also last month, a friend and former colleague of Mr. Solomon’s gave him a list of executives who had been complaining about their leader, and encouraged the chief executive to confront them. Mr. Solomon responded with a sigh, and said he was wary of provoking further unrest."

LMAO imagine being such a bootlicker that you go tattle to your boss about your colleagues being mean to him behind his back. And then he's scared to even punish them.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46656375)



Reply Favorite

Date: August 11th, 2023 7:13 AM
Author: Excitant range

Based on people I know who worked there they never really had amazing talent in the past 15-20 years. Reputation is resting on the laurels of boomers who are in process of exiting most likely.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46656013)



Reply Favorite

Date: August 11th, 2023 10:12 AM
Author: cordovan exciting mood

They payed less than other firms and used the "GS brand" as justification.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46656350)



Reply Favorite

Date: August 11th, 2023 7:32 AM
Author: impressive multi-colored internal respiration doctorate

They obviously need an Indian CEO, the new Jews. Time to kick the old Jews out, they cannot perform at girthy level

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46656018)



Reply Favorite

Date: October 31st, 2023 6:10 PM
Author: Apoplectic pungent toilet seat indirect expression



(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#47005300)



Reply Favorite

Date: August 11th, 2023 10:12 AM
Author: Navy Puppy Center

It's basically boomers collecting $$$ non-stop off the work of the people they have hired in the past decade or so. Huge mismatch in comp between talent and management.



(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46656351)



Reply Favorite

Date: October 31st, 2023 6:09 PM
Author: rebellious wonderful gas station

(every major industry run by boomers)

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#47005296)



Reply Favorite

Date: August 19th, 2023 12:08 PM
Author: Smoky forum knife

https://www.youtube.com/watch?v=mBGzy8SaSdI

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46688922)



Reply Favorite

Date: August 22nd, 2023 10:11 PM
Author: Smoky forum knife

https://nypost.com/2023/08/22/goldman-sachs-cancels-summer-fridays-wants-staff-in-office-five-days-a-week

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46702938)



Reply Favorite

Date: October 17th, 2023 8:02 AM
Author: Smoky forum knife

https://finance.yahoo.com/news/goldman-sachs-profit-plunges-impact-112747118.html

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46945579)



Reply Favorite

Date: October 17th, 2023 8:06 AM
Author: Mustard hominid

lmao, welp so much for ibanking

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46945590)



Reply Favorite

Date: October 17th, 2023 8:18 AM
Author: walnut costumed piazza kitty cat

They should buy the wealth management arm of Lincoln Financial. Lincoln is in the shitter and is looking to sell off non-core businesses. The problem with buying a wealth management businesses is you dont really know what you are buying as advisors will jump ship in a heart beat if they feel affronted and you end up owning nothing but I suspect a TTT Lincoln Advisor would be cool to upgrade his letterhead to read Goldman (but not fucking Marcus) even if the fee schedule is worse.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46945606)



Reply Favorite

Date: October 17th, 2023 8:21 AM
Author: walnut costumed piazza kitty cat

I still cant believe they even want into the 401k/403B business. It all about the software and Fidelity is soooo dominant that its not even funny. Morgan Stanley is a distant number two. GS is not on the radar.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#46945610)



Reply Favorite

Date: October 31st, 2023 6:04 PM
Author: Smoky forum knife

https://www.youtube.com/watch?v=WR6hn0MgY1E

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#47005283)



Reply Favorite

Date: September 10th, 2024 6:36 AM
Author: Smoky forum knife

https://www.cnbc.com/2024/09/09/goldman-sachs-to-post-400-million-hit-in-third-quarter-over-consumer-business.html

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#48069091)



Reply Favorite

Date: September 10th, 2024 6:43 AM
Author: Provocative Sooty Lodge

if ur ceo do u get paid more or get more bona fides from taking the blame as a sacrifical lamb b4 new management cum in?

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#48069094)



Reply Favorite

Date: September 10th, 2024 6:51 AM
Author: milky principal's office

Where are we on this?

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#48069104)



Reply Favorite

Date: September 10th, 2024 8:06 AM
Author: peach trip garrison place of business

Respect your betters.

(http://www.autoadmit.com/thread.php?thread_id=5372264&forum_id=2#48069190)