- Fixed Income, Currencies and Commodities business was down 28% in the latest quarter
- Losing the best employees to smaller firms out of the regulatory spotlight
- Bonus pool is smaller
- Mergers and Acquisitions has fallen to number 2 behind JP Morgan after the first quarter
- Public relations missteps - AIG bailout, CDOs created for Paulson & Company and Facebook transaction
A blog to assist the newcomer to understand the institutional securities business with an emphasis on alternative investments
Monday, May 2, 2011
Is Goldman Sachs No Longer the Best Firm on Wall Street?
I was alerted to an article about how Goldman Sachs has fallen back to the rest of the bulge bracket. William Cohan has a new book: Money and Power: How Goldman Sachs Came to Rule the World. Some evidence of this are:
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