The world according to Goldman Sachs

Source: Telegraph

Ahead of the Davos summit, Goldman Sachs president Gary Cohn talks to The Sunday Telegraph about the outlook for Europe, the US economy and whether 2012 holds any rays of hope.

For the headquarters of one of the biggest banks in the world, the outside of 200 West Street is deliberately anonymous. Outside, guards patrol in the freezing air and the pavement bollards, masquerading as decorative street furniture, are the type of urban landscaping designed to prevent a terrorist attack. If any reminder were needed, from the upper floors there are views of the reflecting pools that mark Ground Zero.

Although the Occupy Wall Street protesters have been corralled and “moved on” several times by the New York Police Department, Goldman Sachs is not keen to advertise itself. “It’s not as if we’ve got to signal to people where the ATM machines are,” says one senior figure as he accompanies me to the lifts.

Gary Cohn, the president and chief operating Officer of Goldman, is on floor 41, the executive floor. His office, relatively modest for a man who can pick up the phone to almost any CEO in the world, is a couple of doors along from Lloyd Blankfein, the chairman and chief executive.

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