Goldman Names 94 Partners in Worst Wall Street Year
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Goldman Sachs Group Inc. invited 94 employees to become partners, a designation that gives them a bigger share of a bonus pool that's likely to shrink this year amid the worst financial crisis since the Great Depression.
The number is down from 2006, when New York-based Goldman elected 115 people to the partnership ranks. This year's inductees include Jan Hatzius, Goldman's chief U.S. economist, and L. Brooks Entwistle, who runs the company's banking operations in India. The list was published in an internal memo confirmed by Andrea Rachman, a company spokeswoman.