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From Ninety to Zero: Goldman Sachs CEO David Solomon & Robin Hood CEO Wes Moore

From Ninety to Zero: Goldman Sachs CEO David Solomon & Robin Hood CEO Wes Moore

NYC-based nonprofit Robin Hood has teamed up with corporate giants like Starbucks, McKinsey, and Goldman Sachs to launch NinetytoZero, an initiative aimed at eliminating the 90% wealth gap between white and Black families in the United States. Robin Hood CEO Wes Moore underlines how corporate decisions to hire and promote Black talent and invest in Black-owned businesses can make a tangible difference in America’s wealth disparity. Goldman Sachs CEO David Solomon discusses his involvement in the initiative, acknowledging the role Wall Street plays in issues across the rest of the country. Solomon addresses junior banker burnout and equity market transparency in his first interview since the “Goldman Sachs 13” controversy and the Archegos Capital billion-dollar fiasco originally made headlines. Plus, Americans are getting back to live sports, and China’s breaking into the crypto economy.

Squawk Pod

April 6, 202129m 8s

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Show Notes

NYC-based nonprofit Robin Hood has teamed up with corporate giants like Starbucks, McKinsey, and Goldman Sachs to launch NinetytoZero, an initiative aimed at eliminating the 90% wealth gap between white and Black families in the United States. Robin Hood CEO Wes Moore underlines how corporate decisions to hire and promote Black talent and invest in Black-owned businesses can make a tangible difference in America’s wealth disparity. Goldman Sachs CEO David Solomon discusses his involvement in the initiative, acknowledging the role Wall Street plays in issues across the rest of the country. Solomon addresses junior banker burnout and equity market transparency in his first interview since the “Goldman Sachs 13” controversy and the Archegos Capital billion-dollar fiasco originally made headlines. Plus, Americans are getting back to live sports, and China’s breaking into the crypto economy. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.