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Is it possible to have a personality and work at Goldman Sachs?

Following closely behind Matt Taibbi's analogy between Goldman Sachs and a giant bloodsucking squid, New York Magazine has another article on The Firm, asking whether it's really a bad place, or simply too good at what it does.

Alongside comments about Goldman's involvement with AIG and the atmosphere when Goldman's stock price nosedived in October 2008 (they were "freaking out"), NY Mag offers an interesting perspective on what it describes as Goldman's "groupthink," which is says is the product of a "giant hive mind."

It's not just about attracting the best and brightest but transforming them into a giant, perfectly synchronized trading machine. Staffers tend to socialize together, reside in the same apartment buildings in Manhattan, have summer homes around the same ponds in the Hamptons, send their kids to the same private schools. Fitting in is of the utmost importance. Subtle social tics-a bow tie, a mustache, a colorful personality-can eliminate you from the club.

Goldman PR Lucas Van Praag is also quoted in the article, skillfully neither explicitly confirming nor denying that working at Goldman Sachs is akin to being an extra on the Stepford Wives.

"The cult of the individual, which I think has been a disadvantage to so many of the firm's competitors, really doesn't exist here," he says. "The more you have acceptance, the easier it is to be effective."

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AUTHORSarah Butcher Global Editor
  • 2c
    2 cents
    30 July 2009

    I love the lighthearted, pointless articles (and the heated debates and name-calling that follows). Keeps me amused at lunchtime. If I wanted to read about all things serious, I'd go pick up one of them big newspaper things.

  • dh
    d hasselhoff
    29 July 2009

    working there gave me problems

  • Sa
    Sarahsfans.com
    29 July 2009

    Sarah , dont take it personally. many of us think you're doing a terrific job in offering advice, articles and some humour too. Not all of the content will be of value to everyone, but that's life. Keep on going

  • Sa
    Sarah, Editor, eFinancialCaree
    29 July 2009

    @ a - We offer a combination of light hearted and informative/analytical articles on the UK site. If you prefer the content on the US site, you will be pleased to hear that we may one day be in a position to allow you to specify which international site's editorial content you see when you visit eFinancialCareers,

  • Ba
    Basil
    29 July 2009

    I used to work in GS, I enjoyed my time there and made some good friends. I felt a little restricted by 'the firm' so I set about taking my talent elsewhere. GS attracts a certain type of individual, this personality type does well - sometimes 'different' people slip through the cracks and have a miserable experience. I was somewhere in the middle. Leave GS be I think. To quote that TV advert. 'It does exactly what it says on the tin'.

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