Goldman Elevates Solomon, Schwartz in Cohn Shakeup

The transcript discusses the dynamics of leadership changes at Goldman Sachs, focusing on the roles of Harvey Schwartz and David Solomon. It highlights the significance of these changes within the firm and the broader financial industry. The discussion also touches on the firm's strategic focus on trading and investment banking, and the potential impact of regulatory reforms. The interest in Goldman Sachs' internal deliberations is noted, along with the implications of leadership shifts on the firm's structure.

How has trading's importance at Goldman Sachs changed according to the text?

What factors might influence the future importance of trading at Goldman Sachs?