#davidsolomon

US Top News and Analysis | Goldman Sachs CEO David Solomon says markets are in 'greed' mode as AI companies seek billions AI generated summary, Read the full article for complete information. Goldman Sachs CEO David Solomon told CNBC that the market is currently dominated by “greed rather than fear,” with abundant liquidity supporting a wave of massive equity offerings from leading artificial‑intelligence firms such as OpenAI, Anthropic and SpaceX (through Elon Musk’s AI venture). He noted that investors’ optimism was evident after Alphabet’s successful $80 billion equity raise and argued that record levels of wealth and market liquidity can absorb the unprecedented fundraising demand from AI companies seeking billions to fund data‑center, chip and infrastructure expansion. While acknowledging that exuberance can quickly turn to fear, Solomon believes the current environment may be earlier in the cycle, and that the self‑reinforcing cycle of AI profits, taxes and new ventures could sustain this bullish mood for an extended period. Read more: https://www.cnbc.com/2026/06/02/goldman-ceo-david-solomon-greed-mode-ai-firms-ipos.html #GoldmanSachs #DavidSolomon #OpenAI #Alphabet #AI

qwant news | Exclusive | Goldman Sachs’ top lawyer Kathy Ruemmler turned down $30M to represent Jeffrey Epstein after his 2019 arrest: sources AI generated summary, Read the full article for complete information. Goldman Sachs’ chief legal officer Kathy Ruemmler announced she will leave the firm on June 30, citing the “noise and distraction” generated by her past email communications with the late pedophile Jeffrey Epstein. According to sources, Ruemmler was asked in July 2019 to join Epstein’s defense team and later offered a flat $30 million to quit her job and represent him, both offers she rejected—partly because her employer, Latham & Watkins, would not permit it. She attended Epstein’s 2019 arraignment not as a friend but as a gatekeeper for a major client (the Swiss bank Rothschild Group) her firm represented, and she has since disclosed and reviewed all related emails, even funding external counsel herself. Goldman’s CEO David Solomon urged her to stay, believing she did nothing wrong, and Ruemmler plans to testify before a House committee to clarify how the “Epstein hysteria” has affected people uninvolved in his crimes. Read more: https://nypost.com/2026/04/30/business/goldman-sachs-kathy-ruemmler-turned-down-30m-to-represent-jeffrey-epstein-sources/ #KathyRuemmler #JeffreyEpstein #GoldmanSachs #LathamWatkins #Housecommittee #EdmonddeRothschild #DavidSolomon