Much of the focus on Goldman's jets, as Insider has previously reported, has been Solomon's personal use of them. The bank has remained adamant that Solomon has always reimbursed it for the usage, but it also hasn't disclosed those specific details in previous proxy statements.
Dakin's story sheds light on the situation, mapping out everything from the most common flight paths of both planes to the days of the week they are used.
Some of you might think this is all a bit nit picky. If Goldman and Solomon are playing by the rules, why does it matter?
2. More on JPMorgan's ties to Jeffrey Epstein. Some of the bank's executives continued to meet with him despite JPMorgan previously stating it cut ties with Epstein in 2013, The Wall Street Journal reports. Read more here.
3. Single-family rentals aren't gold mines anymore. Big-time investors poured into the space during the pandemic. But those investments aren't looking so great thanks to falling rents and home prices and rising operating costs, among other factors. More on the issues in SFR.
4. The return of Michael Klein after his failed return. The famed dealmaker is working with Glencore on its deal for Teck Resources in the wake of his now-defunct plan to lead Credit Suisse's investment bank, Bloomberg reports. More on his reappearance here. And if you're unfamiliar with Klein, here's his backstory.
Advertisement
5. Goldman's top tech executive on the power of AI. Marco Argenti spoke about how generative AI has the potential to impact the "way we accumulate, codify and distribute knowledge." Check out the full video here.
6. Where are all the rich people? Of the cities that hold the most billionaires, nine are in the US. The list includes some classic stomping grounds for the wealthy, along with newer locations. Check it out here.
8. The new hedge funds are coming. At least four new hedge funds could surpass $1 billion in assets under management, Bloomberg reports. And that's not even accounting for 2024. More here on the hedge-fund launches.
9. Working out for dummies. If you're just starting to hit the gym, take some advice from these personal trainers. Don't make these mistakes. (Also: No curling in the squat rack, please!)
Advertisement
10. Tell me how you really feel. Bartenders share some of the stuff they wish they could tell their patrons. Here's them sounding off.
NewsletterSIMPLY PUT - where we join the dots to inform and inspire you. Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox.