It's Back to Basics, and The Phenomenally Wealthy, For Goldman Sachs
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
Goldman Sachs is going back to its penthouse after realizing that it can't really generate fees banking people who push a plow.
After a year that has seen the totemic investment bank hemorrhage capital, slash headcount at a record pace, and start its second massive reorganization in less than four years, suddenly embattled CEO David Solomon made it clear that his team will go back to focusing on its artisanal bread and Irish butter: rich folks.
Source Fool.com
