Gary Cohn Says Goodbye to Goldman Sachs

Goldman Sachs Exchanges

Julia McGonagle

Business

4.4 • 1K Ratings

🗓️ 12 December 2016

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Gary Cohn reflects on his journey from a difficult childhood struggle with dyslexia to serving as president and chief operating officer of Goldman Sachs. As he departs the firm after 26 years, Cohn shares some of the experiences that have shaped him, and reflects on the value of diversity, the importance of perseverance and learning how to turn failure into success. This podcast was recorded on December 12, 2016. This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this podcast is not financial research nor a product of Goldman Sachs Global Investment Research. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed. The views expressed in this podcast are not necessarily those of Goldman Sachs, and Goldman Sachs is not providing any financial, economic, legal, accounting or tax advice or recommendations in this podcast. In addition, the receipt of this podcast by any listener is not to be taken as constituting the giving of investment advice by Goldman Sachs to that listener, nor to constitute such person a client of any Goldman Sachs entity. Copyright 2016 Goldman Sachs. All rights reserved.

Transcript

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0:00.0	This is Exchange
0:09.7	the Goldman Sachs. I'm Jake Seward, Global Head of Corporate Communications here at Goldman.
0:14.5	So typically on this show we discuss developments currently shaping markets, industries
0:18.8	in the global economy, but today we have a special show.
0:22.0	We're going to spend some time talking with Gary
0:23.6	Cone, Goldman's president and C.O. O'O. for the last 10 years. Gary just
0:28.0	announced that he's leaving Goldman Sachs after 26-year career to serve as
0:31.7	President Elect Trump's director of the National Economic Council.
0:35.4	This doesn't meet the press, so we're not going to push him on his views on tax policy
0:39.4	or infrastructure spending.
0:40.5	He'll have lots of time to do that in the future. But Gary we want to spend a few
0:44.0	moments today talking with you about how you ended up at Goldman, the trajectory of your
0:48.6	career here. Thanks for taking the time to join us today.
0:51.8	Thank you Jake and thanks for having me.
0:54.0	So Guy let's start at the beginning.
0:56.0	How did a dyslexic kid from a middle class family in Ohio who struggled in school
1:01.0	make it through college and eventually end up at Goldman Sachs.
1:04.0	So Jake, as you said, I grew up in Cleveland, Ohio.
1:07.0	Typical Midwestern upbringing, had dyslexia.
1:12.0	It was the early to mid-60s. Dyslexia wasn't as well known or understood
1:18.0	as it is today. So clearly went through the formative part of my youth suffering with dyslexia,
1:25.0	bounced around from school to school because really no one understood how to deal with a dyslexic
	...

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