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Goldman Sachs CEO Flies to Olympics Games After Staff Ban

‘KING SOLOMON’

The CEO’s decision to wine and dine with French President Emmanuel Macron, Louis Vuitton CEO Bernard Arnault, and Elon Musk had one Wall Street insider calling him “King Solomon.”

Chairman and CEO of  Goldman Sachs, David Solomon during the panel on Markets, trends and opportunities the Global Hong Kong Global Financial Leaders Investment Summit on November 7, 2023 in Hong Kong, China.
Vernon Yuen/NurPhoto via Getty Images

Goldman Sachs CEO David Solomon is under fire for jetting off to the Paris Olympics to wine and dine with the wealthy after effectively banning his rank and file from doing the same. Solomon hopped off the company’s private jet in France on Thursday, and his schedule includes events with French President Emmanuel Macron, Louis Vuitton CEO Bernard Arnault, and Tesla founder Elon Musk. Solomon told his employees that they couldn’t head to Paris without approval from the company’s bookkeepers back in April, drawing complaints about a double standard. The investment firm cited fears that the foot soldiers may exploit the opportunity to watch the Games on the company’s dime. “It seems like it’s one rule for David Solomon, and another rule for everyone else,” a Wall Street insider told the New York Post. “Maybe they should call him King Solomon.” A spokesman for Goldman Sachs denied the “ridiculous” allegations, insisting that “everything we’re doing here is with clients and our growing team in the country.” Solomon, an occasional DJ, also came under fire in 2022 for using the private jet to play at the Lollapalooza Music Fest in the Windy City.

Read it at New York Post