Goldman's Waldron Is the Bank's Surprise $80 Million Man

The video discusses Goldman Sachs' $80 million retention package for top executives John Waldron and David Solomon, aiming to retain them until 2030. It explores Waldron's career prospects, Goldman Sachs' performance, and strategic decisions, including a shift from consumer banking to investment banking and money management. The video also examines compensation strategies, comparing pay structures in Goldman Sachs and private equity firms.

What is the purpose of the $80 million retention package mentioned in the text?

Who are the two top executives referred to in the context of the retention package?

What factors determine the vesting of the retention package for John Waldron and David Solomon?

How has Goldman Sachs' performance compared to other Wall Street banks according to the text?

What changes in compensation structure are discussed in relation to private equity firms and Goldman Sachs?