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Goldman Sachs Rumor of The Day

posted: 8 months ago

Reservoir Gods

There's an interesting rumor that's floating around.

Outgoing Goldman CFO David Viniar isn't going anywhere - at least he won't be away from the Wall Street firm for long. That's the latest rumor doing the rounds in the blogosphere.

The story goes that Viniar will leave in the New Year as planned, but that firm CEO and Chairman Lloyd Blankfein won't be far behind up.

Firm President Gary Cohn will then be promoted to take on Blankfein's job, with Viniar returning as Chairman (as the firm will split Blankfein's current roles).

In the meantime, The Financial Times reports that Goldman is likely to promote no more than 100 to 'Partner' status following its November review. This is less than the 110 elevated in 2010, but still more than the 78 who were tapped on the shoulders in 2002, in the wake of the collapse of the dotcom bubble.

 

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