Facebook’s predicament

Facebook’s predicament

The next generation at Goldman

It wasn’t long ago that Goldman Sachs was painted as an outsize villain of the financial crisis, and its future seemed hazy. Today, however, Goldman Sachs has retained its clients and its dominance. And recent missteps by its competitors are putting the investment bank in pole position to profit when a recovery comes.

Change is under way at the very top. The NYT’s Dealbook has more