Goldman sachs

Will US businesses profit from a return to the Russian market?

From our US edition

Rome Will peace in Ukraine also prove to be a great deal for US business? Vladimir Putin would certainly like Donald Trump to think so. Within days of Trump’s election victory last November, the Kremlin ordered major Russian corporations to prepare detailed proposals for economic cooperation with Washington. Coordinating these efforts were Maxim Oreshkin, deputy head of Putin’s presidential administration, and Kirill Dmitriev, the US-educated Harvard, Stanford and Goldman Sachs alumnus who heads Russia’s sovereign investment fund.

The Katie Lam Edition

28 min listen

Katie Lam was elected as a new Conservative MP, for Weald of Kent, at the 2024 election. While studying at Cambridge she was president of the Cambridge Union and chairman of the Conservative Association, and she was later a special advisor – first under Boris Johnson in the business unit at Number 10, and then later working on counterterrorism with Suella Braverman. In between university and politics, she worked at Goldman Sachs and at AI-specialists Faculty, and she is also an accomplished lyricist and scriptwriter having co-written five musicals. She was appointed a Tory assistant whip last year when Kemi Badenoch took over as leader.

What’s the point of trying to break up Big Tech?

From our US edition

The ‘antitrust’ law suit launched by US authorities against Google has been reported as a potential turning point in the dominance of Big Tech — and an echo of the courtroom dramas that diminished the excessive power of America’s late 19th-century oil, steel and railroad barons. But I wonder how much impact it will really have.The allegation, in brief, is that Google has created an illegal near-monopoly by paying large sums to Apple and other smartphone makers to secure its position as the default search engine for billions of consumers, its grip reinforced by ownership of Android, the phone operating system, and Chrome, the popular browser — all of which also gives it a stranglehold on the digital advertising market.

big tech

The problem with Goldman Sachs’s preferred pronouns

From our US edition

White-shoe Wall Street firm Goldman Sachs is the latest corporate giant to impose preferred pronouns on their employees. In a blog post entitled ‘Bringing Your Authentic Self to Work’, Goldman says ‘We are committed to cultivating a work experience where all of our people can reach their full potential and thrive as their authentic selves.’ But in ensuring that some employees can express their ‘authentic selves’, Goldman is demanding that others suppress theirs. It’s one of many recent attempts at modernization under the leadership of new CEO David M. Solomon.Enforcing pronoun usage does more than dictate how one employee should refer to another; it demands that employees apply the terms of trans gender ideology to themselves.

goldman sachs

Will Donald Trump tackle the vampire squid?

From our US edition

Goldman Sachs isn’t just unpopular in the United States: their reputation black hole is expanding worldwide. In December 2018, Malaysia filed criminal charges against the investment giant over the 1MDB scandal, referred to as ‘the biggest financial scam in history’ — though Kuala Lumpur has indicated that it might be willing to drop the charges if Goldman pays $7.5 billion in reparations. After years of turning a blind eye to Goldman’s predatory behavior, hopefully 1MDB will push governments to take action against the firm memorably described as ‘a vampire squid’.

goldman sachs vampire squid