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Thursday, December 01, 2022

Goldman Sachs bankers worry they are targeted for violent crime after NYC subway murder

New York employees of Goldman Sachs admitted that they were becoming targets of violent crime during their commute after a coworker at Megabank was fatally shot on the subway.

“Can Goldman lead the pack for Banks on releasing the Kevlar vest?” A fed up Goldman banker wrote on the popular corporate message board Wall Street Oasis.

“Can’t wait for the new bulletproof Patagonia,” quipped another.

Dark wisecracking about the dangers of public transportation comes just weeks after the Wall Street giant toned down pandemic-era perks that included free Uber to and from headquarters in lower Manhattan.

Some targeted Goldman’s higher-ups, who were given unlimited vacation days last week to “relax and recharge,” even the rank-and-file who complained of a 100-hour work week. They were given two extra days off per year.

One user wrote, “Management should take public transport to return to office.”

Another suggested hitting “Reply All” on a note that CEO David Solomon sent to staff after the shooting and asked “DJ De-Sol will he take the subway to work tomorrow?”

Goldman Sachs Ceo David Solomon
Goldman CEO David Solomon insisted on a return to the office, even as he hitched a free ride to work.
Reuters

One Wall Street analyst said, “Do you really think about taking care of the C-suite if some people die on the way to work?”

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Solomon briefly addressed the loss of Daniel Enriquez — who worked in Goldman’s Global Investment Research division and was brutally shot on his way to brunch on a Manhattan-bound Q train on Sunday — in a statement. Bank employees on Monday in a “devastating” and a “stupid tragedy”

“Daniel Enriquez was a devoted and beloved member of the Goldman Sachs family for nine years. He worked diligently to support our macro research team in New York and was a symbol of our culture of collaboration and excellence. We are devastated by this senseless tragedy. And our deepest sympathies are with Dan’s family at this difficult time.”

Daniel Enriquez
Daniel Enriquez was part of Goldman’s Global Investment Research.

Still, business was as usual on Monday at the Goldman Sachs headquarters at 200 West Street, sources told The Post. Some employees noticed a strange connection between Solomon’s heavy statement and the reality of what happened.

“It’s a jam-packed office… the spirits are generally pretty good,” a Goldman employee told The Post, adding that it feels like any other Monday morning.

Another employee said, “There is no change in tone… basically there has been no discussion from the management side.”

The killing of Enriquez has increased pressure on CEOs who are trying to get employees back into office. Just last week Mayor Eric Adams urged JPMorgan chief Jamie Dimon to ride the subway to work as he pushes for city workers to return to empty office buildings in Manhattan.

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Subway
Enriquez was shot and killed in a subway on Sunday.
Michael Dalton

Mark Moran, head of growth and operations at Litquidity, told The Post: “The tragedy that ensued has raised a question of whether Solomon cuts Uber’s allowance while he increases his pay.” “For someone who isn’t riding the subway to work, it’s easy to get carried away by the reality that crime has increased and that his junior workers face more changes in their daily commute than they do for Goldman.” that he did pre-COVID.

Cathy Wyld, president of the Partnerships for New York City, said crime remains a top reason employees are wary of returning to the office.

“It increases resistance to return to work … it’s something every New Yorker can recognize,” Wyld told The Post. “This reinforces concerns and pressure to make sure subways are safe.”

One banker who spoke on condition of anonymity told The Post: “An analyst who doesn’t want to come in now has a very powerful response.”

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