David Mccormack
Daily Mail
Prior to the global economic meltdown Goldman Sachs were renowned for it’s lavish gala dinners for it most profitable bankers. Goldman hosted its first event since the crash last month. It was a lavish affair with 450 bankers and their partners flown in from around the world to attend. Earlier this year the investment bank posted a $2.9 billion quarterly profit.
Dust of your tuxedos and ballgowns because the good times are back once again – or at least for employees at Goldman Sachs.
Prior to the global economic meltdown in 2007, the investment bank’s annual dinners were lavish affairs when the banking behemoth spoiled its most profitable bankers and their partners.
These parties were mothballed following the financial crisis when many banks were bailed out using taxpayer’s dollars and bankers were encouraged to show some modesty and not flaunt their massive bonuses while other people were having their homes repossessed.
