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Goldman's C.E.O. Is Stuck, Without a Clear Lifeline

Goldman's C.E.O. Is Stuck, Without a Clear Lifeline
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Goldman's CEO is stuck, without a clear lifeline

Blankfein, a big Goldman shareholder and Solomons predecessor, had lost $50 million since January on his stake because of the banks sinking stock. He made it clear to Solomon that his patience was waning, according to three people briefed on the conversation. Blankfein offered to provide him with more hands-on advice, or even return to the firm in any capacity that might help, the people said. ....

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Former JP Morgan Executive Oken Joins MidOcean Partners - News

MidOcean Partners, a New York–based alternative asset manager specializing in middle-market private equity and alternative credit investments, announced that Erik Oken, former Global Chairman of Investment Banking at JP Morgan, has joined the firm as Chairman of MidOcean’s private equity business. An accomplished C-Suite executive with over 30. ....

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