Trump Goes for Goldman: Cohn Said to Be Pick for NEC

The transcript discusses Gary Cohn's career at Goldman Sachs, his potential as CEO, and his decision to leave for a role at the National Economic Council (NEC). It explores the implications of his departure on Goldman Sachs' leadership and the broader connection between the Trump administration and Wall Street. The discussion highlights the irony of Trump's campaign rhetoric against Goldman Sachs and his subsequent appointments of its executives.

What was Gary Cohn's initial expectation regarding his career at Goldman Sachs?

• To become the CFO

• To retire early

• To start his own company

• To become the CEO

What opportunity does Gary Cohn's departure create at Goldman Sachs?

• An opening for the next generation of leaders

• A new investment strategy

• A reduction in company size

• A chance for a merger

What was one of the reasons Gary Cohn might have considered leaving Goldman Sachs?

• A conflict with Lloyd Blankfein

• A desire to start a new business

• A lack of interest in finance

• A potential tax benefit

What was the reaction of Goldman Sachs' stock during the time of the leadership changes?

• It plummeted to an all-time low

• It remained stable

• It reached an all-time high

• It was unaffected

What is the primary role of the National Economic Council (NEC) that Gary Cohn is expected to chair?

• To manage Wall Street investments

• To regulate financial institutions

• To advise on economic policy

• To oversee international trade

Who created the National Economic Council and for whom?

• George Bush for Alan Greenspan

• Ronald Reagan for Paul Volcker

• Bill Clinton for Bob Rubin

• Barack Obama for Timothy Geithner

How did Donald Trump initially position himself regarding Goldman Sachs during his campaign?

• He invested heavily in their stocks

• He partnered with them for his campaign

• He distanced himself from them

• He praised their business model