Try GOLD - Free
IS DAVID SOLOMON TOO BIG A JERK TO RUN GOLDMAN SACHS?
New York magazine
|August 14 - 27, 2023
Profit excuses a lot on Wall Street. But not everything. Inside a banking mutiny.

Even people fond of David Solomon acknowledge that his equilibrium state is what most of us would consider tense.
The voice of the Goldman Sachs CEO is perpetually hoarse, as if he has permanently worn it out from screaming. "He sort of talks in a yelling voice," says one colleague. "He's not really yelling, but he sort of talks at you." "When he talks, he shouts," another banker agrees. "He always sounds like he's shouting-always." It's a tendency he can't even suppress in text: Solomon likes to MAKE NOTES ON DOCUMENTS IN ALL CAPS. The word a lot of people use about him is bully.
Solomon, 61, is bald and broad-shouldered, like a thicker and more wizened version of Mr. Clean, with eyes so squinted behind doughy features it's hard to tell what color they are. He walks heavily, a venti iced coffee almost always in hand, as though the sport of being a banker were a physically taxing one. Several years ago, when Goldman's board was auditioning him for promotion to CEO, the bank's image specialists gave Solomon tips on becoming more approachable. They suggested he walk the floors more often and create opportunities for small talk-perhaps by stopping at an assistant's desk to take a piece of candy.
"When I told him, 'You got to stick your hand in the candy bowl,' he just gave me this look like, Why would I do that? How is that productive?" recalls someone involved in the effort. The exercise did not succeed in endearing Solomon to the Goldman rank and file. "He would stomp around the floors in a really purposeful way, and he'd find the two or three people he knew," the banker says. "He'd knock on their door and they would get scared. The whole thing didn't work."
This story is from the August 14 - 27, 2023 edition of New York magazine.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM New York magazine

New York magazine
The Uncanceling of Chris Brown
The singer claims he's been overlooked, but his blockbuster stadium tour suggests otherwise.
6 mins
October 6-19, 2025

New York magazine
Who Speaks for Wendy Williams?
TRAPPED IN A HIGH-END DEMENTIA FACILITY, THE FORMER TALK-SHOW HOST IS CAMPAIGNING FOR FREEDOM. IT MAY NOT MATTER.
29 mins
October 6-19, 2025

New York magazine
How does a luxury brand like Prada sell desire to a public inundated with beautiful images? It hires Ferdinando Verderi.
The Man Who Translates Fashion
15 mins
October 6-19, 2025

New York magazine
The City Politic: Errol Louis
Eric Adams believes he can rewrite his legacy. His record says otherwise.
5 mins
October 6-19, 2025

New York magazine
The Home Gallery
A young couple with a growing art collection reimagines a penthouse loft in Soho.
1 mins
October 6-19, 2025

New York magazine
THE TECHNO OPTIMIST'S GUIDE TO FUTURE-PROOFING YOUR CHILD
AI doomers and bloomers alike are girding themselves for what's coming-starting with their offspring.
23 mins
October 6-19, 2025

New York magazine
Among the Chairs and a Half
My exhaustive search had three criteria: The chair had to be roomy, comfortable, and nontoxic.
3 mins
October 6-19, 2025
New York magazine
He's Opening a Gourmet Grocer in Tribeca. Maybe You've Heard?
Meadow Lane is ready at last. It only took six years and 685 TikToks to get here.
2 mins
October 6-19, 2025

New York magazine
Neighborhood News: The Kimmel Resistance Comes to Fort Greene
Unlikely free-speech warrior broadcasts from BAM.
1 mins
October 6-19, 2025

New York magazine
Harris Dickinson Won't Be Your Heartthrob
The actor's feature-length directorial debut is a dark look at homelessness, but don't call him a do-gooder.
8 mins
October 6-19, 2025
Translate
Change font size