Goldman bosses in social thing

As Lloyd Blankfein huddled with David Solomon and Stephen Scherr at Scherr’s home in Sagaponack, it seemed there was a Goldman Sachs dress code in effect.

Both Blankfein and Solomon wore white polos (Blankfein’s even had Goldman Sachs lettering on the sleeve) and navy pants. This made Scherr, in a long sleeve shirt and khakis, the odd man out, but he was forgiven.

“He’s terrific: smart, good sense of humour, upbeat,” Blankfein said.

Bloomberg News reports that the colleagues don’t hang out much in the Hamptons, according to the boss. “When you’re that close to somebody five days a week, you don’t look to spend your off time with him,” CEO Blankfein said of Scherr, who in May became CEO of Goldman Sachs Bank.

Golf and science were the main topics of conversation at this gathering, which Scherr and his wife, Susan, hosted on behalf of the New York Stem Cell Foundation.

“This is a social thing, and everybody’s happy,” Blankfein said at the Friday event. On Tuesday the company posted a 74% increase in second-quarter profit.

To access the complete Bloomberg News article hit the link below:

Blankfein, Goldman Partners Hit Hamptons for Stem Cell Event

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