Hank Paulson, like most other partners of Goldman Sachs at the time of the IPO, simply monetized 140 years of hard work and goodwill of others. The fact that Hank continues to obtain benefits from the not so well publicized partnership pool - yes i know the firm did go public in 1999 - is rather ironic. Dick Fuld built Lehman Brothers into what it is today. Hank Paulson inherited Goldman Sachs. The fact that Dick Fuld is only 2 or 3 times wealthier than Hank Paulson ia not representative of the respective achievements of the 2 men.
Posted by TraderView on 12/31/1969 at 03:00 PM
