Goldman Sachs Group
Goldman Sachs, founded in 1869, describes itself as a "leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net-worth individuals ... It is one of the oldest and largest investment banking firms ... headquartered in New York [with] offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world."[1]
Contents
Political contributions
Henry M. Paulson, Jr., then Chair & CEO of Goldman Sachs, was a Bush Pioneer having raised at least $100,000 for Bush in the 2004 presidential election. In 2006, Paulson was appointed by Bush to be Secretary of the Department of the Treasury. [1]
Goldman Sachs gave $478,250 to federal candidates in the 05/06 election period through its political action committee - 35% to Democrats and 65% to Republicans. [2]
Lobbying
The company spent $2,380,000 for lobbying in 2006. $1,031,250 went to nine outside lobbying firms with the remainder being spent using in-house lobbyists. The lobbying firms included DLA Piper Rudnick Gray Cary, The Duberstein Group, and Vinson & Elkins. [3]
Personnel
Executives
Key executives and 2006 pay: [4]
- Lloyd C. Blankfein, Chairman and Chief Executive Officer, $27,800,000
- David A. Viniar, Chief Financial Officer, $20,840,000
- Brooks Entwistle, Chief Executive Officer of Goldman Sachs (India) LLC
Members of the board
- Lloyd C. Blankfein - Chairman and Chief Executive Officer
- Gary D. Cohn - President and Co-Chief Operating Officer
- Jon Winkelried - President and Co-Chief Operating Officer
- John H. Bryan - retired Chairman and Chief Executive Officer of Sara Lee Corporation
- Claes Dahlbäck - Senior Advisor to Investor AB
- Stephen Friedman - Chairman of Stone Point Capital
- William W. George - former Chief Executive Officer of Medtronic, Inc.
- Rajat K. Gupta - Senior Partner of McKinsey & Company
- James A. Johnson - Vice Chairman of Perseus, L.L.C.
- Lois D. Juliber - former Vice Chairman of the Colgate-Palmolive Company
- Edward M. Liddy - Chairman of The Allstate Corporation
- Ruth J. Simmons - President of Brown University
- John F. W. Rogers - Secretary to the Board
Subsidiaries
- Goldman Sachs International
- Pret A Manger sandwich outlets are reportedly owned by Goldman Sachs[6]
Affilliations
In 2008, the Goldman Sachs Group is reported to provide sponsorship to the Center for Global Development[7].
Contact details
85 Broad Street
New York, NY 10004
Phone: 212-902-1000
Fax: 212-902-3000
Web: http://www.goldmansachs.com
External Links
References
- ↑ Bush Pioneer Henry M. Paulson Jr., Texans for Public Justice, accessed August 2007.
- ↑ 2006 PAC Summary Data, Open Secrets, accessed July 2007.
- ↑ Goldman Sachs lobbying expenses, Open Secrets.
- ↑ Goldman Sachs Key Executives, Yahoo Finance, accessed August 2007.
- ↑ Board of Directors, accessed July 2007.
- ↑ Channel 4 'Dispatches: Sandwiches Unwrapped'. 28th July 2008
- ↑ Centre for Global Development Funders Accessed 22nd January 2008
