Goldman’s Solomon hasn’t hit rock bottom yet

Under pressure: Solomon has spent the past 12 months battling shareholder disappointment and a mutinous mood among Goldman Sachs’s 420 powerful partners. - Reuters

DAVID Solomon’s reign at Goldman Sachs Group Inc might not have hit rock bottom yet.

After a big writedown in the value of its consumer business this quarter, the under-pressure chief executive officer has more goodwill he could still lose.