Goldman Sachs is a financial firm that’s headquartered at 200 West Street in Manhattan. The unflattering nickname of “Goldman Sucks” (or “Goldman Sux") has been cited in print since at least 1996.
Goldman Sachs has been given many nicknames, including “Government Sachs,” “Government Sucks,” “The United States of Goldman Sachs,” “Goldman Shafts,” “Goldmine Sacks/Goldmine Sachs,” “Golden Sacks,” “Golden Slacks,” “Goldie Mac” and “Vampire Squid.”
Wikipedia: Goldman Sachs
The Goldman Sachs Group, Inc. is an American investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients. Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in the Lower Manhattan area of New York City, with additional offices in major international financial centers. The firm provides mergers and acquisitions advice, underwriting services, asset management, and prime brokerage to its clients, which include corporations, governments and individuals. The firm also engages in proprietary trading and private equity deals, and is a primary dealer in the United States Treasury security market.
Former employees include Robert Rubin and Henry Paulson who served as United States Secretary of the Treasury under Presidents Bill Clinton and George W. Bush, respectively, as well as Mark Carney, the governor of the Bank of Canada since 2008.
Google Groups: alt.politics.economics
Subject: BLOODSUCKERS. 5 of 100
The poor guy is forking hard now on low government salary. I hope, the poor Democrat will be compensated by Goldman Sucks.
Google Groups: misc.invest.stocks
From: (Shun Yan Cheung)
Subject: Re: --- GOLDMAN SACHS BULLLISH ON NETSCAPE ---
`Recommend List’ at Goldman Sachs
They are better known as “Goldman Sucks”...
Portrait of an Artist, as an Old Man
By Joseph Heller
New York, NY: Simon & Schuster
Lacking alternative destinations, he made up his mind and he doggedly and fatalistically started out on the long walk downtown toward the financial district and his office with the manufacturing firm of Goldman Sucks & Company.
By John Grisham
New York, NY: Delta Trade Paperbacks
“Said he had a buddy at Goldman Sux or some such place that could take care of us.”
King of the Club:
Richard Grasso and the Survival of the New York Stock Exchange
By Charles Gasparino
New York, NY: Collins Business
Pg. 369 (Notes):
Page 268: Cayne description of the firm Goldman Sachs as “Goldman Sucks” from author interviews and The Wall Street Journal Guide to Who’s Who and What’s What on Wall Street (New York: Ballantine Books, 1998), pp. 185–212.
New York City • Banking/Finance/Insurance • (0) Comments • Friday, April 15, 2011 • Permalink