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Savage and brutal cull expected among the top ranks at GS

Joined
2/7/08
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3,261
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In the FT:

However, the low turnover means that Goldman might have to cull more old partners than at other times if its executives want to maintain the tradition of anointing 100 or so new partners while keeping the total numbers of partners at about 400. The bank appointed 94 new partners in 2008.

This could be similar to the Night of the Long Knives.
 
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