It's partner day at Goldman Sachs!
This morning, the bank is expected to tap 70 new "partnership managing directors", according to the Wall Street Journal. That's a much smaller class compared to the 110 tapped in 2010.
Phone calls from Lloyd Blankfein and Gary Cohn letting the bankers know they've made partner should happen around 8:30 a.m. ET, according to Reuters.
Those who didn't make the cut were informed yesterday.
Goldman partners are picked during a very intense and secretive two-year selection process.
To be made partner is seen as a very, very big deal.
One former Goldman partner told eFinancial News, "Don’t tell my wife this, but being made partner was the greatest moment of my life.
Best of luck, everyone!
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