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by lix2333 5203 days ago
I thought this guy was an "executive director"? I think a lowly VP writing something like this wouldn't make nearly the splash he is making right now.

A story like this is a nightmare to GS though. They've always prided themselves on valuing their reputation above all else and this is yet another shot to what they want to be seen as. However, it is important to realize that the public's perception of GS is different than their customers' perception. They were #2 in the league tables for M&A last year and their long time clients haven't shied away from using their services.

1 comments

even if he was executive director, still not senior, more midlevel.

hierarchy is - management committee > partner managing director > managing director > executive director > vice president > associate > analyst

managing director is where you would be running a business, sort of like making general in the army, there are about 1700 of them. And the partners are the true senior managers and where real authority in the firm starts. Title inflation FTW.

He might have trouble eating lunch in this town without changing his name LOL. Best bet might be to write and try to be the next Michael Lewis (Liar's Poker, Moneyball, The Blind Side, contributes to Bloomberg and Vanity Fair, didn't turn out too bad for him.)

[edited Peter -> Michael]

I don't think Michael Lewis changed his name to Peter.
d'oh! thanks - will fix. Lewis screwed up a few people's names in Liar's Poker and I always thought it reflected that he was more interested in a good story than facts, so it was kind of ironic I did same.
If you haven't seen it, you might like this profile of Lewis, which touches on his storytelling vs facts tendencies: http://nymag.com/print/?/news/features/michael-lewis-2011-10...
Made me think of Muphry's law there

http://en.wikipedia.org/wiki/Muphrys_law

executive director == vice president