Recent Blog Posts
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The Times' Rorshach Geithner Story
Apr 27 20099:04am EDT -
Sinking Animal Spirits
Apr 27 20098:04am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:04am EDT -
Be Your Own Counterfeiter
Apr 26 20099:04am EDT -
Being Tim Geithner
Apr 25 200912:04pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:04am EDT -
What Good is the News?
Apr 25 20098:04am EDT -
Stressful Enough
Apr 24 20092:04pm EDT -
Not Regretting the Pound
Apr 24 20091:04pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:04am EDT -
Non-Economic Questions of the Day
Apr 24 20099:04am EDT -
The Stress Test Blind Alley
Apr 24 20098:04am EDT -
Happy Hour
Apr 23 20099:04pm EDT -
Recovery Without Rebalancing
Apr 23 20096:04pm EDT -
The Shape of Your Recession
Apr 23 20095:04pm EDT
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Lloyd Blankfein, Man of the People
Goldman Sachs CEO Lloyd Blankfein came out as a Democrat today, aligning himself with Robert Rubin and Jon Corzine rather than with Hank Paulson. I guess that means he's now an automatic front-runner for Treasury Secretary in any Clinton or Obama administration. But in the mean time, what does being a Democrat mean in practice, as CEO of Goldman Sachs? Evidently, it means being receptive to the bright ideas of all your staff, no matter how lowly:
Goldman Sachs sponsors workshops at more than 50 schools giving advice on resume writing and how to behave in the workplace. (Sample: Always have a short pitch prepared about your current project, so that you can deliver it if you ride the elevator with the CEO.)
Remember this, O Goldman interns, next time you find yourself in an elevator with the big (well, actually quite little) man. That old cliché, the elevator pitch, is not only accepted but positively encouraged! Now all you need to do is ensure you share the same elevator bank as him. The rest, surely, is kismet.
