Word: goldman
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Dates: during 2000-2009
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When Edward C. Forst ’82 left Goldman Sachs this summer to become Harvard’s first executive vice president, it appeared he had left the finance world behind—until an old friend called. “We had a fabulous three weeks with him,” University President Drew G. Faust in an interview Friday afternoon. “Then the secretary of the treasury called and said I need to draft him to come save the nation.” Forst is helping Secretary of the Treasury Henry M. Paulson, his erstwhile...
...Career Forum on Friday, an event that saw 1,500 students brave the pouring rain to meet with upwards of 140 employers. The participation of 38 consulting firms and 37 finance companies represented a strong presence at the event, though notably absent were major banks including Citigroup and Goldman Sachs, which have attended the career fair in the past. OCS’s interim director, Robin E. Mount, explained that many firms have said that the career forum would not be the best use of their recruiting budgets. Despite the turmoil on Wall Street, most recruiters interviewed said that their...
Paulson left Goldman in 2006 to become President Bush's treasury secretary...
...there is trouble in paradise. Industry stalwarts Bear Stearns and Lehman Brothers have vanished into the ether, while fellow bulge-bracket Merrill Lynch was engulfed by Bank of America. Even the top firms Goldman Sachs and Morgan Stanley have agreed to become bank holding companies, subjecting themselves to restrictive regulations in return for greater access to liquidity from...
...what now for the scores of Harvard seniors preparing for a semester of Goldman info sessions...