Wednesday, October 27, 2021

Interns beware.

It appears to me Wall Street is lined with savages looking for their next money fix. Basically, as evidenced by this event, they can be dressed up, but, they can't go anywhere.

October 13, 2021
By Isabella Khadem Hosseini

Patrick Blumenthal (click here) settled a proceeding filed in February 2020 against Goldman Sachs and his bank boss.

Goldman Sachs has settled a lawsuit filed by a former intern. He claimed that his boss had been so fooled that he left permanent damage to his brain.

Patrick Blumenthal interned at Goldman Sachs in San Francisco from September 2017 to February 2018.

The settlement, which Bloomberg first reported on Friday, took place a week before the hearing on the investment bank’s request to dismiss the proceedings.

The terms of the settlement were not disclosed in the submission to the San Francisco Superior Court.

“Goldman Sachs has not commented on the issue,” said Maeve Duvalley, a bank spokeswoman.

While working for the company, Blumental was assigned to “Team 007” under the leadership of Julius Elkimov, Goldman Sachs’ private financial asset adviser called “Fast Julie.”

On February 9, 2018, Blumenthal went out for a drink after working with about 12 colleagues....