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Goldman Sachs: Power and Peril

Highest Profile Goldman Sachs Alums

Highest Profile Goldman Sachs Alums
Goldman Sachs alums have an extensive history of being closely tied to Washington politics. From Sidney Weinberg in 1907 to Hank Paulson's central role during the 2008 financial crisis, Goldman alums have been deeply involved in government affairs. When the firm's success is correlated with influential positions of its alumni, conspiracy theorists speculate that there is a deep-seeded - or even corrupt - connection between the government and the elite Wall Street firm. On the other hand, Goldman
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There's a long list of Goldman Sachs executives who have played critical roles in government and business, from Sidney Weinberg during the World War II years to Hank Paulson's during the 2008 financial crisis.

Conspiracy theorists, as a result, often try to tie the firm's success to its connections in Washington and other influential institutions. Others simply note that Goldman is known to hire the "best and brightest." That practice has not only given it a competitive edge in the marketplace, it has made its executives ideal candidates for the challenges of public service or other pursuits. And in some cases it also made Goldman an attractive destination after such service.

So, who are the most influential Goldman Sachs alums linked to DC and beyond? Click ahead to find out!

By Gennine Kelly
Posted 25 May 2010

Neel Kashkari
Time at Goldman: 2002-2006Top postion: Vice President in San Francisco Top position as GS alum: Head of Troubled Assest Relief Program (TARP)In 2006 Kashkari was picked to head TARP where he oversaw $700 billion that was used to bailout several financial institutions during the economic crisis. In 2009 he left the government sector and became Managing Director of New Investment Initatives for PIMCO.
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Time at Goldman: 2002-2006
Top postion: Vice President in San Francisco
Top position as GS alum: Head of Troubled Assest Relief Program (TARP)

In 2006 Kashkari was picked to head TARP, supervising the $700-billion bailout fund. In 2009 he left the government sector and became Managing Director of New Investment Initatives for PIMCO.

Duncan Niederauer

Time at Goldman: 1985-2007
Top position: Managing Director
Top Position as GS alum: CEO & Director of NYSE Euronext

Niederauer served in various capacities during his 22-year career at Goldman. He was responsible for Goldman's U.S. cash equities at the New York Stock Exchange and NYSE Arca; and became the managing director in 1987. Since leaving Goldman in 2007, Niederauer has been the director of NYSE Euronext.