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Monday, June 27, 2011

QuantRec.com - Goldman's Solomon: Dark horse contender in CEO race

QuantRec.com - Goldman's Solomon: Dark horse contender in CEO race

"
David Solomon isn't your typical master of the universe, but he might have what it takes to lead Wall Street's most powerful bank.
The 49-year-old co-head of Goldman Sachs' (GS.N) investment banking unit is an unassuming banker who moved into junk bonds early in his career and stayed in underwriting, even as other Wall Street businesses grew hotter.
He has been promoted into ever-more senior roles, and now works mostly behind the scenes, making sure that investment banking clients get what they need, that employees are happy and that Goldman's deal-making machinery operates smoothly. He has been behind some spectacular deals, even if he is not famous for them, and some clients view him as one of the best bankers in the business."

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