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The Goldman Sachs Foundation has helped the investment banking giant establish itself as one of the biggest corporate philanthropists, the report said.
However, some Goldman insiders have become bitter because the foundation, which gives away hundreds of millions, has been getting more resources while other areas at the bank have seen cuts, according to DealBook citing unnamed executives.
What's more is some of these Goldman insiders are also bitter that Dina Habib Powell, the head of Goldman's corporate engagement, has been receiving a sizeable paycheck even though her job isn't about making money.
From DealBook (emphasis ours):
But this is still
This has created bitterness among some employees - bitterness stoked by the favored status seemingly granted to
Powell, 40, joined Goldman in 2007. In 2010, Goldman made her a "partner"-one of the most highly-coveted titles on Wall Street.
Under her leadership, Goldman launched its 10,000 Women program-a $100 million initiative that trains underprivileged women running small businesses around the world.
Before she worked for Goldman, Powell was the Assistant Secretary of the State for Educational and Cultural Affairs during the George W. Bush administration. She also served as the Deputy Undersecretary of State for Public Diplomacy and Public Affairs.
Powell is married and has two daughters.
She graduated from the University of Texas-Austin.