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“If the best and brightest look at Goldman Sachs as an appendage of the Trump administration

2017-03-17 3 Dailymotion

“If the best and brightest look at Goldman Sachs as an appendage of the Trump administration
and react with horror,” Mr. Conti-Brown said, “they’ll be looking more closely at jobs with Morgan Stanley” — one of Goldman’s closest competitors on Wall Street.
In addition to Mr. Cohn, Mr. Bannon and Ms. Powell, the new Treasury secretary, Steven Mnuchin, served on Goldman’s management committee.
For instance, Mr. Conti-Brown said, most of the business school students he encounters at Wharton espouse a more globalist view than the “America First” brand of economic nationalism championed by Mr. Trump
and his chief strategist, the onetime Goldman investment banker Stephen K. Bannon.
“This is not a policy we support,” he said in a voice mail message
that was dispatched to 34,000 company employees, “and I would note that it has already been challenged in federal court.”
Around that time, a draft of an executive order to roll back lesbian, gay, bisexual
and transgender workplace protections, put in place during the Obama administration, was circulating around the White House.
For Mr. Blankfein and other Goldman executives who worked closely with Mr. Cohn
and Ms. Powell, the limits on contact may be the most awkward new development.