Goldman gives Solomon 24% raise
The board is quoted as saying “Solomon’s decisive leadership in recognizing the need to clarify and simplify the firm’s forward strategy”
Apart from the consumer banking, credit card shit show and layoffs, what else has this guy done that warrants a 24% raise?
Delaware allows this but not Elon's pay package when Elon actually massively drove shareholder value? GS stock has gone nowhere in the past 2 years.
I know his fanboys see him as this visionary genius and that’s a separate conversation, but the guys not worth 55bn. That’s an outrageous sum
That's up to the board, not some pantsuit girlboss on a Delaware court
A shareholder (male since you want to start with identity politics) brought the suit. The judge ruled on it. Thats the way Delaware law works. Something didn’t go Elon’s way so he throws a hissy fit and wants to move to Texas.
Agreed that Elon is a visionary and adds significant value - you’d have to be a fool to not realize that at this point
Yeah Twitter’s doing great. Forgot about that
Solomon is the idiot who pumped consumer into generating billions in losses and Greensky was acquired under his loss. So he’s getting raise to fix things he broke! Total loser, and does less for the firm than any banking or trading partner (except people who made partner for DEI reasons - of which there are MANY in recent years) who actually works their ass of to bring in revenue.
We’ve seen William Blair quickly go down the drain the last few years. It will take Goldman longer to follow the same path, even under the worst management, but on its current path under Solomon, it’s rotting like a deer bitten by a Komodo Dragon. It may not know it’s dead, but without life saving antibiotics, it won’t live much longer.
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