The Wall Street Journal

The Campaign Goldman’s CEO Waged to Silence Powerful Internal Critics

David Solomon was under siege from partners critical of his leadership; the firm launched a probe to identify leakers

David Solomon, CEO of Goldman Sachs, at a Senate Banking Committee hearing.
Goldman Sachs CEO David Solomon Photo: Ting Shen/Bloomberg News

David Solomon was fed up with his critics inside Goldman Sachs. The time had come to crack down.

It was bad enough that Goldman partners were criticizing the chief executive’s leadership and bad-mouthing the storied bank’s costly expansion of consumer lending. What rankled Solomon even more was the suspicion that some of the naysayers were leaking details to reporters. Goldman launched a probe to figure out who was talking, according to people familiar with the probe.

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