Steve Friedman’s decision to quit as chairman of Goldman Sachs, in 1994, during one of its darkest hours, stunned and angered his partners. And despite Friedman’s maneuverings, it created a leadership crisis as the mismatched team of Jon Corzine (future New Jersey governor) and Henry Paulson (future Treasury secretary) took the helm. In an adaptation […]
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How much blame for the financial crisis should be placed on people like Robert Rubin, former Clinton Treasury Secretary and Citigroup chairman? A fresh look at the decisions he made: Like many Rubin defenders, Sheryl Sandberg suspects that her mentor has become a scapegoat for events beyond comprehension.’My own view is that, look, these have […]
