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Goldman Sachs Employees Face Potential Disciplinary Action Over Unauthorized Magazine Interviews

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Goldman Sachs Employees Featured in 'Unauthorized' Magazine Spread

Mason Clarke, 24, and Clay Nelson, 25, employees at Goldman Sachs, participated in an "unauthorized" feature for Interview Magazine titled "The Finest Boys in Finance."

Goldman Sachs' chief spokesperson, Tony Fratto, stated that the firm's media relations department did not approve these interviews. Fratto declined further comment on the matter.

Sources familiar with the situation indicated that the interviews caused "embarrassment" internally and that the employees' supervisors were unaware of their participation.

Potential Repercussions

Sources suggest that potential consequences for violating firm policy regarding media appearances without approval could range from a reprimand to termination.

Employee Contributions in the Feature

In the Interview Magazine spread, Clarke, a Columbia alumnus, discussed his work schedule and provided financial advice. Nelson, a Cornell graduate, detailed personal spending habits and offered investment guidance.

Other Professionals Featured

Other finance professionals, Demarre Johnson from PwC and Tommy Doherty from Barclays, were also featured in the same magazine spread. It remains unclear if they obtained approval from their respective employers for their participation. A Barclays spokesperson declined to comment, and comment was sought from PwC.