Bankers Quote by William D. Cohan
“Having worked at four separate Wall Street firms, having seen a variety of talent at those places, and having competed against Goldman as a banker, one thing you have to be struck by is the power of their recruiting.”
About This Quote
Source Book: Blue Blood: The Story of the Secret Rise of the American Financial Elite, 2010
Goldman's recruiting power is highlighted as exceptionally strong compared to peers.
In simple terms: Goldman recruits very effectively.
Key Takeaway
Recognize and emulate strong recruitment practices.
Themes
talent acquisition
competition
finance
recruiting
leadership
Mood
analytical
critical
business
Type
advice
insight
observational
When to use this quote
- career planning
- HR strategy
- investment banking
- talent scouting
Key Concepts
network effects
brand prestige
selective hiring
Questions to Reflect On
- How does recruitment strength translate to long‑term performance?
- What other factors influence a firm’s success?
A Different Perspective
Even strong recruiting can’t guarantee employee satisfaction or retention.
![“Within the last year or two, there have been some quality big men. There's been a little more emphasis placed on that center position, [but] recruiting quality big men in this league is very, very difficult.” quote by Tom Green](https://sms4smile.com/quotes/img-quotes/581/tom-green-3027_football_within-the-last-year-or-two-there-have-b_266173.jpg)
![“What I think is bugging this guy [Steven Lerner] is the belief that debt - forced debt upon middle-class people, students (i.e., student loans and so forth) - has made Wall Street bankers and financial people excessively, unfairly, out-of-proportionally rich.” quote by Rush Limbaugh](https://sms4smile.com/quotes/img-quotes/f15/rush-limbaugh-28_bankers_what-i-think-is-bugging-this-guy-steven_28590.jpg)
