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Lunchtime Links: The shoes you must wear if you want to get by at Goldman Sachs

If you want to be respected in an investment bank, you must, self-evidently, not wear brown shoes. However, standard black shoes may not have the desired effect either.

Business Insider purports to have pinpointed the shoes that confer ultimate kudos at Goldman Sachs: Salvatore Ferragamo loafers.

Aspiring Goldman Sachs bankers are not advised to purchase the loafers unless they are senior. Only MDs wear them. Analysts and associates would apparently be, "cut down" if they bought a pair too early.

Stress causes businessman's brain to 'blow a fuse' and wipes his entire memoryRead more: https://bit.ly/kMDc5p https://bit.ly/ksFoM3 (Mail)

"They're totally freaked out about Volcker," said a Goldman lobbyist who declined to speak on the record for fear of losing the contract. (Reuters)

An analyst at UBS suspects Lloyd Blankfein will resign soonish. (Bloomberg)

Citigroup has hired UBS's former US M&A head, who left in March. (Bloomberg)

The rebuttal to Lucas Van Praag's rebuttal about Goldman and food prices. (Foreign Policy)

Citigroup, Credit Suisse and Morgan Stanley will make lots of money from the Glencore IPO. (Financial Times)

Will RBS suffer similarly to Lloyds? (Evening Standard)

Ayn Randists are now sponsoring universities, making Atlas Shrugged required reading. (Bloomberg)

Men have larger tear ducts than women. You can't see when they cry. (WSJ)

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AUTHOReFinancialCareers UK Insider Comment
  • Ne
    Nero
    6 May 2011

    Southall? I knew it! I've passed through there once and I loved it.

    I remember a vibrancy and mysticism comparable I imagine to that of Bombay at the time of the Raj. As for Southall Park, an expansive beauty that dwarfs that of the Hindu Kush.

    I'm there in 3 hours, just got to leave a little present on my boss' desk first and I need a strong coffee to encourage it along.

  • Al
    AliDesai
    6 May 2011

    Its Southall.

  • AA
    AAA
    6 May 2011

    funny - ferragamo loafers cheap and not great - I thought goldmanites would go for quality hence Berlutti / Lobb / Crocket & Jones

  • Be
    Bernhard
    6 May 2011

    That's how you drag up kids these days. Pathetic! You should be as different as possible!

    jmho

  • SR
    SR
    6 May 2011

    Ali - is it Bradford?

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.