BUSINESSWEEK ONLINE : JANUARY 25, 1999 ISSUE
COVER STORY

Shuffling the Deck
SEPT. 13, 1994
Stephen Friedman, senior partner since 1992, resigns after big trading losses. Jon Corzine becomes senior partner.

JANUARY, 1996
Goldman partners vote against going public.

MAY 27, 1998
Executive committee names Henry Paulson co-chairman and co-chief executive.

JUNE 12-14, 1998
Goldman partners decide to go public.

SEPT. 23, 1998
Goldman, along with Warren Buffett's Berkshire Hathaway and AIG, bid for Long-Term Capital Management.

SEPT. 28, 1998
Goldman postpones IPO plans.

DEC. 14, 1998
Firm announces $107 million fourth-quarter earnings

JAN. 11, 1999
Corzine steps down as co-CEO. Henry Paulson becomes chief executive. John Thornton and John Thain named co-chief operating officers.

DATA: BUSINESS WEEK





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