Goldman well-regarded CFO, David Viniar, is to step down in January. Viniar, 57, is thought to have wanted to leave the firm for some time, but needed to stay on and help pilot Goldman through the financial crisis and its aftermath.
Bank analyst Meredith Whitney has said that 'Viniar has wanted to retire for years, but because he was seen as such a source of stability for the firm and so trusted by the analyst and investor community, coupled with the increased scrutiny for the industry and particularly Goldman, a retirement up to this point has just been California Dreaming'.
Finally, on a conference call with analysts Tuesday, Viniar said: 'Anytime you ask me about the biggest risk the firm faces, you're always going to hear me give the same answer, which is: liquidity, liquidity, liquidity'.
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