Misogyny & Mutual Funds

Hank Paulson and a Hired Beauty Queen Attend Schwab’s Impact Conference

Charles Schwab’s four-day Impact Conference, which ended this morning, describes itself as “the premier event” for registered investment advisors. That means it’s the type of place where Hank Paulson will give a keynote presentation to balding financial advisors “of a certain age,” with “a bunch of paunchy middle-aged men roaming the expo hall,” Read More

But For the Grace of God Goes Hank Paulson

On Good Morning America this morning, former Treasury Secretary Hank Paulson defended himself against the charge that he unduly gave a golden egg to his former company, Goldman Sachs, when the government paid the company 100 cents on the dollar for its AIG debt.

“In every situation–and particularly with regard to AIG–I cared about Read More

The House That Goldman Built

“It’s just a building when it comes right down to it,” 91-year-old George Doty, the former Goldman Sachs managing partner, said last month. His firm had just started moving out of 85 Broad Street, its headquarters for the past three decades, and into a shiny new West Street tower. “Buildings, to me, don’t have a Read More

Goldman Shrinks an Adage; Long-Term Greedy Can’t Wait

Goldman Sachs: The Culture of Success , by Lisa Endlich. Alfred A. Knopf, 319 pages, $27.50.

Recently, I complained to a partner of Goldman, Sachs & Company about the treatment I had received many years before at the hands of the firm’s press spokesman, who would never return a call except after a deadline had Read More