Alan Schwartz, Bear Stearns' CEO, May Be Headed To Goldman Sachs

Fortune:

NEW YORK (Fortune) -- One of the few remaining mysteries from the fall of Bear Stearns is where's Alan Schwartz? Schwartz, as you may remember, was the affable M&A banker who had the misfortune of becoming Bear Stearns CEO in January 2008, two months before the 85-year-old firm collapsed.

That mystery may soon be solved: Alan Schwartz appears to be headed to Goldman Sachs (GS, Fortune 500), the premier Wall Street investment bank turned bank holding company.

Read the whole story: Fortune

Comments

[PhilipTaylor]

Goldman runs Around Waving Big Fake Profits Saying they are Paying Back TARP!

BUT! BUT! BUT! BUT! With $1 Billion in Toxic Debt per employee is it REAL?

Goldman has over $1 Billion in Toxic Debts/Assets per employee!
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Goldman has $30 Trillion in Toxic Debts/Assets
Goldman has 27,898 Employees
Goldman has $1,075,345,903 per employee in Toxic Debts/Assets]

JPM has over $390 Million in Toxic Debts/Assets per employee!
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JPM has Astonishing $88 Trillion in Toxic Assets/Debts!
JPM has 225,000 employees
JPM has $391,000,000 per employee in Toxic Debts/Assets

[Martampa]

They just keep shuffling these losers from one bad company to another and we get sc*#@ed in the end.

[Skyhawk]

Goldman Sachs - Next one to take a hit.