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Solomon’s former assistant, Nicolas De-Meyer, is accused of pilfering wines such as Burgundy’s fabled Domaine de la Romanee-Conti and is said to have been dismissed in November 2016. In retrospect, that was around the time that Solomon’s boss, Goldman Sachs chief executive Lloyd Blankfein, seems to have lost his mojo.
Once the shock of the election of Donald Trump that month wore off, many expected market conditions that would make Goldman great again. Volatility seemed inevitable under Trump and when Blankfein’s increasingly impatient heir apparent Gary Cohn went to Washington as head of the National Economic Council, it appeared that contacts at the heart of government would help to guarantee that Goldman could monetize the Trump trade.
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