• Andy
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    931 year ago

    Sounds like a lovely guy /s

    For those who didn’t read, he said that student concerns over climate change were dumb because it’s not going to affect him personally, and he’s rich and they’re not, so they should just be grateful to live in the world that revolves around him and shut up. Paraphrased, but only lightly.

    • @redtea@lemmygrad.ml
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      51 year ago

      but only lightly

      This is still too much of a caveat:

      The students said Solomon, 61, claimed that he did more in a week to help climate change than they would ever do, pointing to his capital accumulation and position of power. He also guessed that the group — all non-male and mostly people of color — all benefited from financial aid, and therefore should feel indebted to endowment they were questioning, according to the letter.

      “At one point, he laughed and told us he’d be dead in thirty years, so climate change would be our problem anyway,” the students wrote. They said Solomon indicated fossil-fuel divestment was a stupid movement and that if the students traveled to countries like China, India and Cambodia they could see how the world “really worked” before deciding if they wanted to live like that. Shortly after, in June, Solomon convened a Goldman Sachs board meeting in India.

      Personally, I would like more CEOs telling people to visit China to see how they live. At least the west had the sense not to encourage this kind of thing to the Soviet Union because they realised people would either stay there or come back a communist.

    • @HR_Pufnstuf@lemmy.world
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      41 year ago

      What bothers me more is I AM the main character in this story called life, and that git of an NPC was coded to think he is… and because he’s an NPC, he was given everything to create further drama in MY story! /s

      Okay, only slightly being sarcastic… ;)

  • @dragoonies@lemmy.ml
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    481 year ago

    Didn’t this guy lose $2 billion by partnering with Apple to back the Apple card that no other bank was willing to do? I don’t know how he’s still CEO after letting that happen.

      • @bentropy@feddit.de
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        1 year ago

        You could have just said “rich people” to include all the shady ultra rich fuckers from all around the world. This isn’t a gender, race, culture or religion problem, it’s a class problem.

        • queermunist she/her
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          -141 year ago

          I don’t think that’s entirely true. Yes, it’s a class problem, but race and gender are intertwined with class in advanced capitalist countries. When white men fail, they’re daring and courageous and bold for trying risky things. When it’s anyone else they’re stupid beneficiaries of nepotism - nepotism that’s bestowed onto them by other white men.

          You need to advance your class analysis beyond just income. The reproduction of labor and racial colonization and imperialist superexploitation complicate the relations to the means of production beyond haves and havenots.

          • @SugarSnack@lemmy.world
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            131 year ago

            Don’t you think the same stuff goes on in Arab, Asian, African, South American countries? It’s not all about white men, it’s a class issue.

            • @BartsBigBugBag@lemmy.tf
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              1 year ago

              Right, but in America, race and class are intertwined. Look at how they treat black tax evaders vs white tax evaders. Wesley Snipes spent 3 years in prison. Ja Rule got 28 months in prison. Lauryn Hill got 3 months. H Ty Warner got 0 jail time. Nicolas Cage at one point owed $14 million to the IRS and he’s never even been charged.

            • queermunist she/her
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              1 year ago

              Sure, and then when a rich white man shows up from a rich white country he suddenly outranks them - and if they don’t respect the white man, the West will wage economic war on them through sanctions and blockades and diplomatic aggression.

              Race can be complicated, sure, but there’s a hierarchy and it always stems back to the white man because white men colonized the world.

              That’s why decolonization and anti-imperialism are essential pillars of anti-capitalism, and that’s why anti-whiteness is revolutionary.

              Whiteness has to be abolished. It’s not real. It’s just a tool of supremacy and suppression.

              • @Firemyth@lemm.ee
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                01 year ago

                I hope you go to a middle eastern country and spout the bullshit. I’d literally laugh as your head fell off your body.

          • @bentropy@feddit.de
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            71 year ago

            Could it be for once useful not to be completely divided? Sure, rich people use and have used race, sex and so on to gain and maintain power but rich people are also composed, even if not homogeneously distributed, of different races, genders and so on.

            Pointing fingers at rich white man helps in the same way as point fingers at rich Jews. It helps nothing but hiding the valid criticism of the out of control system we live in behind a hateful division of society.

            • @redtea@lemmygrad.ml
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              21 year ago

              Could it be for once useful not to be completely divided?

              That’s exactly what queermunist is doing:

              it’s a class problem, but race and gender are intertwined with class in advanced capitalist countries. … You need to advance your class analysis beyond just income.

      • @FReddit@lemmy.world
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        101 year ago

        Will repeat a point I made in another comment.

        Bernie Madoff did end up in jail. But it wasn’t the large amount of stolen money.

        It was because he made the mistake of robbing other rich assholes.

  • AutoTL;DRB
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    321 year ago

    This is the best summary I could come up with:


    A group of seniors preparing to graduate from his alma mater, upstate New York’s Hamilton College, wrote a letter accusing the Goldman Sachs chairman and chief executive officer of “blatant ignorance and disrespect” as they spoke with him about the school’s investments in fossil fuels at a trustee networking event.

    The letter, jointly written by three members of the class of 2023 and published on the school newspaper’s website in May, was reported Friday by New York Magazine as part of a story on unrest within Goldman Sachs over Solomon’s management style.

    They said Solomon indicated fossil-fuel divestment was a stupid movement and that if the students traveled to countries like China, India and Cambodia they could see how the world “really worked” before deciding if they wanted to live like that.

    But he’s faced elements of revolt from the firm’s powerful cadre of partners over issues tied to the business, such as the costly consumer-banking flop, and some specific to Solomon himself — complaining about his brusque management style and his use of the corporate jet for leisure.

    A growing list of senior departures has also drawn attention, with some executives departing soon after taking new posts, and some top women exiting amid criticism about the firm’s culture.

    Tom Montag, who spent more than two decades at Goldman and helped run the trading business when Solomon ran investment banking, was named to the board of directors last month.


    I’m a bot and I’m open source!

    • Andy
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      201 year ago

      Honestly, I think he sounds like a worse person than Lex Luther.

      Lex Luther is a social Darwinist. He’s a piece of shit, but he has an ethos. This guy seems like just greed in a suit. It’s honestly more pathetic.

  • Spitzspot
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    181 year ago

    Don’t mess with students. They have time, information and gumption.

    • fatboy93
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      131 year ago

      While I really get what you’re saying, the unfortunate situation is that they are always a secondary fiddle to money

  • TJA!
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    51 year ago

    Isn’t that DJ D-Sol? I did not know that he is also CEO of Goldman Sachs!

  • Eochaid
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    1 year ago

    This part offers some more interesting insight to his character. Yet another insecure c-suite lashing out at anyone who criticizes him.

    The letter, jointly written by three members of the class of 2023 and published on the school newspaper’s website in May, was reported Friday by New York Magazine as part of a story on unrest within Goldman Sachs over Solomon’s management style.

    Solomon oversaw record results for Goldman Sachs in 2021, and the stock is up more than 50% since he took over almost five years ago. But he’s faced elements of revolt from the firm’s powerful cadre of partners over issues tied to the business, such as the costly consumer-banking flop, and some specific to Solomon himself — complaining about his brusque management style and his use of the corporate jet for leisure.

    A growing list of senior departures has also drawn attention, with some executives departing soon after taking new posts, and some top women exiting amid criticism about the firm’s culture. The tally includes executives Solomon has elevated, like Julian Salisbury, who left last month for Sixth Street Partners.

  • daisy lazarus
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    11 year ago

    How strange. I’d never heard of this man before and my Uber driver yesterday told me he gave him a ride to the airport last week.