Private Equity
Summary List Placement Solomon has steered the bank to blowout profits and a record stock price. But with partners quitting and burnout soaring, some insiders say the executive's hard-charging style has come at a cost. Every summer when he was running Goldman Sachs' investment banking division, David Solomon assembled his top lieutenants for two days of off-site meetings. The gatherings served as a forum for executives, in the language of house renovation, to strip the business down to its studs. As executives began to rebuild, Solomon cast a critical eye, said a person familiar with many of the reviews.