At the battle of <keyword id="14466063" type="UNKNOWN" weightage="60" keywordseo="gettysburg" source="Orion">Gettysburg</keyword>, Larry Geib was portraying a trooper of the dismounted 2nd Colored Cavalry, a segregated unit of the Union Army that is today played by <keyword id="11904994" type="UNKNOWN" weightage="60" keywordseo="war" source="Orion">war</keyword> reenactors of all races. "People give you all kinds of excuses of why they are reenactors," said Geib, a retired history teacher, who is white. "But the truth is, where else can a 75-year-old like me run around shooting guns and have people cheering instead of calling the cops?" Tucked into his leather case were play bullets that he had fashioned out of old maps of the Soviet Union and sticky masses of cream of wheat. "It's a joke, my way of getting back at Russia for invading <keyword id="11985141" type="UNKNOWN" weightage="60" keywordseo="ukraine" source="Orion">Ukraine</keyword>. I shoot the maps at the Confederates," he explained.<div type="image" title="xxxx" height="2912" width="4368" msid="92905585" hostid="261" sizebytes="288650"></div>It was the July 4 weekend and, after a hiatus, <keyword id="11895119" type="UNKNOWN" weightage="60" keywordseo="civil-war" source="Orion">Civil War</keyword> reenactors were back for the 159th anniversary of the Battle of Gettysburg. Back in 2020, the annual dramatic reenactment was canceled first because the far right personality Glenn Beck had <a href="https://www.pennlive.com/news/2020/01/2020-gettysburg-reenactment-canceled-due-to-glenn-beck-event-plans-for-2021-underway.html">scheduled a rally</a> in Gettysburg during the same weekend, but then due to Covid. It was held in 2021 but some regulars, expressing misgivings that the event might become overtaken by politics and debates about racial justice, decided to stay away. The reenactment doesn't actually play out on the historic battlefield because the National Park Service doesn't allow it. Instead, the non-profit Gettysburg Battlefield Preservation Association hosts it at Daniel Lady Farm, which in 1863 was the site of a Confederate headquarters and a field hospital. Starting with the centennial in 1963, and really taking off in the 1980s and 1990s with the popularity of Ken Burns' Civil War documentary series, war reenactors flock to Gettysburg each July, often camping out nearby and displaying varying degrees of faithfulness to period dress, food, and <keyword id="11898555" type="UNKNOWN" weightage="60" keywordseo="military" source="Orion">military</keyword> discipline.<div type="image" title="A crowd of Civil War reenactors walk with the official flag of the Confederacy." height="2912" width="4368" msid="92905587" hostid="261" sizebytes="1265088"></div><div type="image" title="xxx" height="2912" width="4368" msid="92905589" hostid="261" sizebytes="710032"></div><div type="image" title="xx" height="2912" width="4368" msid="92905590" hostid="261" sizebytes="1007220"></div><div type="image" title="White tents are set up on a flat field." height="2912" width="4368" msid="92905592" hostid="261" sizebytes="622434"></div>Andrew Bloschak was lying on the ground under the sparse shade of a small copse of trees, behind a section of zig zag worm fencing of the kind you would have seen here in 1863. "I'm waiting for the Confederates," he said. "They're going to come across the field – from that way – and I'll be ready for them. I'm a sniper." At his side lay a long rifle that had cost Bloschak, a retired engineer, $1900. A hundred feet away, yellow tape kept several thousand spectators off of the battlefield, and his spot felt surprisingly secluded.Bloschak has been coming for over 20 years and, in 2002, he switched sides. "I used to be Confederate, but I knew the 2nd Rhode Island guys and we're all friends and used to hang out after battles. But because I was Confederate, they were always shooting at me!" So, he joined them.<div type="image" title="A man lies in the grass with a long rifle at his side." height="2912" width="4368" msid="92905593" hostid="261" sizebytes="2195444"></div>"We were the first company to engage the Confederates at Gettysburg," he said of his unit. "We pushed the Arkansans out of the woods. We did pretty good – we didn't get wiped out." As we talked about what drew him to the hobby, the conversation shifted from the Civil War to the Second World War, as if playing a role in one gave him a way to vicariously experience something that members of his family had endured. "My father was in a mortar battalion, he was with 18 other guys at the Kasserine Pass in North Africa. One guy lit a match, and all of a sudden, a German shell came in and only my father and one other guy survived. Then he was at the battles of Salerno and Anzio in Italy. And my uncles were in the 3rd Marine Division at Tarawa. They all went through hell."When we turned to politics and the current moment in America,, Bloschak switched into a stage whisper. "I know it's a bad word," he said, "but I happen to be a Republican. Monuments are history. It's stupid to take them down." <div type="image" title="xxx" height="2912" width="4368" msid="92905595" hostid="261" sizebytes="726160"></div><div type="image" title="xxx" height="2912" width="4368" msid="92905597" hostid="261" sizebytes="1210190"></div><div type="image" title="xxx" height="2912" width="4368" msid="92905598" hostid="261" sizebytes="1478118"></div>Even before the pandemic, interest in the Gettysburg reenactment was waning. The reenactor who portrayed the 1st Sergeant in Bloschak's unit had a heart attack and died, and they haven't yet found someone to fill those boots. Last year, attendance was as low as some of the reenactors could remember. "It's dropped hard these last two years. A lot of people dropped out of reenacting after George Floyd, because the persona of the Confederacy became so negative," said Scott Thomas, who was portraying a captain of the 13th Virginia. Unusual for a reenactor, Thomas's day job is serving as an active-duty sergeant major in the US Army. He had come to Pennsylvania from North Carolina with his 16-year old son, Eli. Fully in the spirit of the event, Eli lay in the field, playing dead, at the end of the mock battle. "I don't mind getting shot at here, it's a lot easier than in the real world! But seriously, we do it to honor the people who actually fought, and I had family in Mosby's Rangers," Thomas said. "Covid ending, everybody is coming out now." <div type="image" title="xxx" height="2912" width="4368" msid="92905602" hostid="261" sizebytes="453738"></div>Nathaniel Williams founded the 2nd Colored Cavalry Regiment reenactors group 23 years ago, and they've been coming to Gettysburg almost every year since. The unit is 39 people strong and this year about 20 made the trip. At his side and also in uniform was his daughter, Mone't, who's in her mid-20s. Dressed in uniform and carrying a carbine rifle, she said: "I've been doing this my whole life.""I see more Blacks attending Gettysburg now than when we first started," said Williams, whose day job is a supervisor for a utility company. "Back in the day, there was racial tension with certain gentlemen, old timers. They never overtly used the n-word but you could sense their attitudes. Maybe we hit the sabers a little harder when we fought in the [reenacted] battles! But reenactment has changed. My heart is not really it, but we did a Confederate role a few years ago, the <a href="https://en.wikipedia.org/wiki/1st_Cherokee_Mounted_Rifles">1st Cherokee</a>. The Confederate reenactors welcome us now." The unit they portray wasn't at the Gettysburg battle, but coming here is a way to restore a forgotten or erased history and introduce it to a wider audience. "We didn't fight here, we were in Petersburg, Virginia," he said. "It really doesn't matter though, because, talking to other white regiments' reenactors, they weren't here, either." Williams said he has ancestors who were part of the <a href="https://en.wikipedia.org/wiki/United_States_Colored_Troops">United States Colored Troops</a>. "There were over 186,000 Black soldiers in the Federal Army, but that history was not taught properly. When my grandfather showed me [our ancestors'] discharge papers, that opened my eyes."."A defeated army should not have statues, except for maybe in museums," Williams said of the debate over Confederate statutes that still swirls in southern states. "You can read about the Confederates in books. They lost. We won."The 2nd Colored Cavalry Regiment sometimes brings horses from their homes in Virginia, but the complex logistics were too much for them to have horses this year at Gettysburg. Each of them carried replicas of the innovative Sharps cavalry carbines rather than heavier rifles.. Williams said that the horrific slaughter of Civil War battles sometimes saw as many as two-thirds of the cavalry's horses killed, and that surviving riders would have to form "remount companies" attached to regular infantry, fighting on foot. "It was not uncommon to be waiting for a horse," he said. <div type="image" title="xxx" height="2912" width="4368" msid="92905604" hostid="261" sizebytes="742156"></div><div type="image" title="xxx" height="2912" width="4368" msid="92905608" hostid="261" sizebytes="612476"></div>The role that Randall Smith plays is that of a gunner in the 4th US Light Artillery unit and he has a very practical reason for that: "The artillery is cheaper to join for a beginner. You don't need an expensive rifle." The established groups already own the cannons. Smith, who works with refrigerator compressors in real life, also has a specific family connection to the historical battle. "My great grandfather was wounded in the Peach Orchard," he said, referring to the episode with the heaviest fighting when Confederates overran Union troops and almost turned their flank. He was left for dead on the battlefield for three days." His ancestor had been a soldier in the 141st Pennsylvania Infantry of the Union Army, and couldn't open his mouth properly for the rest of his life, because the bullet shattered his jaw. <div type="image" title="xxx" height="2912" width="4368" msid="92905610" hostid="261" sizebytes="2163446"></div>Some reenactors portraying Confederates didn't want to be named, sensitive to concerns about what they see as the real-world threat of gun controls to their activities. "Black powder weapons have no real regulations, but our president gives speeches about gun control," an artillery man said, "he said that you can't own a cannon." He didn't want to reveal, even in general terms, where their cannons are stored. Although it might seem unlikely for current arguments about 21st century assault rifles and high capacity magazines to influence the licensing (or lack of) for single shot firearms and replica cannons that only make noise, their fear is that all guns will be banned without exceptions. But he added with a smile, "we fired more than they told us to."The guns and cannons used in reenactments are replicas because the originals are too valuable and potentially dangerous to actually fire, even with blanks. Many groups embrace weapons that were rare or unusual at the time. Sometimes that's for practical reasons, because the Williams breech loading gun that this battery wields is lighter, requires a smaller crew to operate, and is much easier to move than a full-size regular cannon. In reality only 40 were made, out of the thousands of heavy guns used by both sides during the war.<div type="image" title="Four people based in 1860s period stand with a parking lot visible in the background." height="2912" width="4368" msid="92905615" hostid="261" sizebytes="1813412"></div>In the town of Gettysburg's Unity Park, a different kind of reenactment was occurring simultaneously. The Confederation of Union Generals, which calls the Civil War the "War of Rebellion" in counterpoint to how generations of Southerners called it the "War of Northern Aggression," wanted to present aspects of the war distinct from shooting and explosions. Its members reenact famous and not-so-famous personages from the era (not just generals) who explain their characters' roles to the public.<div type="image" title="xxx" height="2912" width="4368" msid="92905620" hostid="261" sizebytes="718504"></div><div type="image" title="xxx" height="2912" width="4368" msid="92905622" hostid="261" sizebytes="647304"></div>Timothy Hodges, retired from Pennsylvania's Department of Transportation, is proud to play Captain Robert Smalls, the first Black captain of a US Navy ship. "He won freedom for himself and his family by stealing a Confederate ship, because he knew all of the tides, sand bars, channels, and signals in Charleston, South Carolina. You don't know where you're going if you don't know where you come from. I do this so our history is told and not left behind."Louisa May Alcott and Clara Barton were portrayed by Jennifer Ochman and Carolyn Ivanoff, respectively. They wanted to stress that women played an important role during the Civil War. "Before she wrote Little Women, Alcott was a nurse at the Union Hospital in Washington DC," Ochman said. And Barton was "somebody that should really be remembered," Ivanoff said, "she nursed under fire and was known as the 'Angel of the Battlefield.' She founded the American Red Cross."<div type="image" title="xxx" height="2912" width="4368" msid="92905624" hostid="261" sizebytes="739216"></div>Perhaps the future of Civil War reenacting was most optimistically exemplified by General Ulysses S. Grant's portrayer, solar power developer Erik Curren. He's only been at it for a year and said that he was inspired to do so because "Grant was actually our first civil rights president. He's almost forgotten for that now, that he stood up to the Klan in the South, and sent in Federal troops. I want to bust those myths, that he was ineffective. In his own time, he was one of the three greatest Americans, after Washington and Lincoln."Back at the Daniel Lady Farm battlefield, high winds and a torrential downpour of rain swept the area on Saturday afternoon, ending the day's "big battle" somewhat prematurely. The reenactors playing dead got up and in what's become a long-standing tradition, the Union and Confederate soldiers shook hands. Then they ran together to secure their tents that were getting blown over. Spectators ran for the exits to their cars. Five minutes later, the storm ended and the sun was shining again, the humidity and heat barely dissipated, if at all. <div type="image" title="xxx" height="2912" width="4368" msid="92905626" hostid="261" sizebytes="406528"></div><div type="image" title="Several people take pictures at the monument at Gettysburg." height="2912" width="4368" msid="92905631" hostid="261" sizebytes="564476"></div>

History buffs, gun enthusiasts, and family history aficionados return to Gettysburg

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5aaa7e5a3be59f1b008b4630-1200/danny boyle getty.jpg" alt="Danny Boyle Getty" data-mce-source="Getty" />GettyDanny Boyle.</div></div></div><ul><li>Director Danny Boyle has confirmed that he will be directing the upcoming James Bond movie.</li><li>He's currently working on a script with longtime screenwriting collaborator John Hodge.</li><li>If all goes according to plan, Boyle will begin shooting the movie by the end of this year.</li><li>The 25th Bond movie is slated for release November 2019 and will mark Daniel Craig's last time playing 007.</li></ul><hr /> After months of rumors, Oscar-winning director Danny Boyle has confirmed that he will be directing the upcoming James Bond movie.Boyle talked about the project to <a href="https://www.metro.us/entertainment/movies/danny-boyle-confirms-that-he-is-directing-james-bond-25" target="_blank" rel="noopener">Metro US</a> Wednesday night in New York during a screening of his upcoming FX series, "Trust." It seems he's trying to make the Bond movie after he's done with a project he's about to work on, which has a script by "Love Actually" screenwriter, Richard Curtis."We are working on a script right now," Boyle said. "And it all depends on that really. I am working on a Richard Curtis script at the moment. We hope to start shooting that in six or seven weeks. Then Bond would be right at the end of the year. But we are working on them both right now.""We've got an idea, John Hodge, the screenwriter [for the James Bond movie], and I have got this idea," Boyle continued. "And John is writing it at the moment. And it all depends on how it turns out. It would be foolish of me to give any of it away."Hodge has been a longtime collaborator of Boyle's. He wrote "Trainspotting" and the 2017 sequel, as well as "Shallow Grave" and "The Beach."The 25th Bond movie currently has a release date of November 8, 2019. It will mark the final time Daniel Craig will play 007.Business Insider contacted MGM for comment but did not get an immediate response. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/555-phone-number-tv-movies-telephone-exchange-names-ghostbusters-2018-3">Why 555 is always used for phone numbers on TV and in movies</a></h3> <div> <iframe class="bijwplayerclass" data-player="jwplayer" src="https://content.jwplatform.com/players/PgsgAop7-CEZHWCBG.html" width="100%" height="100%" frameborder="0" scrolling="auto" style="margin:0px;" allowfullscreen=""></iframe><script>function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</script> </div> </div>

'Trainspotting' director Danny Boyle confirms he will be directing the next James Bond movie

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/542af7666da811e67bd146a0-800-517/pimco-5.jpg" alt="PIMCO" border="0">@RudyHavensteinPIMCO CEO Doug Hodge (L) and CIO Daniel Ivascyn.</img></div></div></div>PIMCO CEO Doug Hodge and its <a href="http://www.businessinsider.com/pimco-daniel-ivascyn-to-replace-bill-gross-2014-9">new CIO Dan Ivascyn</a> - Bill Gross' replacement at PIMCO - appeared on CNBC Tuesday in their first public appearance since Gross <a href="http://www.businessinsider.com/bill-gross-leaves-pimco-2014-9">suddenly left the firm</a> last Friday. 
Gross was one of the biggest personalities in the financial world and served as basically the sole public face of PIMCO, especially after the departure of Mohamed El-Erian earlier this year.
Now, Hodge and Ivascyn will fill that role as the firm, which has nearly $2 trillion in assets under management, faces life without its founder.
Hodge told CNBC's Brian Sullivan, "We had in place a succession plan that had been in process all during the course of this year. Bill Gross was going to leave eventually. We all knew that... We are moving forward." 
Ivascyn, who is taking Gross' role as global CIO, said that investing with PIMCO won't change now that Gross is gone. "Pimco has a pretty long-standing, highly-structured investment process," Ivascyn said. "And even though Bill Gross is no longer with us, we plan to use that highly-structure process for us going forward." 
Ivcascyn also reiterated that the firm still sees a "new neutral" of low interest rates for an extended period of time. 
On life at PIMCO after Gross, Hodge added that, "Bill has been an important contributor. He was the founder of this firm, he has made enormous contributions to PIMCO, but we are moving ahead." 
Sullivan also asked Hodge if Paul McCulley, the firm's chief economist would be sticking around, and Hodge simply said that he looks forward to McCulley being a part of the firm going forward, but added that, "we all make our own decisions."
It seems then that at PIMCO little has changed; or maybe everything has. 
<a href="http://search.cnbc.com/main.do?partnerId=2000&amp;keywords=pimco&amp;sort=date&amp;minimumrelevance=0.2&amp;type=video&amp;pubtime=30&amp;pubfreq=d&amp;categories=exclude">You can find clips from Hodge and Ivascyn's interview over at CNBC here »</a>

PIMCO's New Management Didn't Seem Too Thrilled To Talk About Life After Bill Gross

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/593b1da7bf76bb25008b4e61-1024/gettyimages-622170392.jpg" alt="Lloyd Blankfein" data-mce-source="Bryan Bedder/Getty Images for The New York Times" data-mce-caption="Goldman Sachs Group chairman and CEO Lloyd Blankfein." />Bryan Bedder/Getty Images for The New York TimesGoldman Sachs Group chairman and CEO Lloyd Blankfein.</div></div></div><section><article><div><div><section data-share-hash=""><div>Goldman Sachs just announed a new class of managing directors.</div><div></div><div>Here's the statement:</div></section></div>NEW YORK, November 8, 2017 -- The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has selected a new class of Managing Directors, effective from January 1, 2018, the start of the firm's next fiscal year."Our new Managing Directors have demonstrated an outstanding commitment to our people, clients and culture during their tenures at the firm, and we wish them continued success as they take this important next step in their careers," said Lloyd C. Blankfein, Chairman and Chief Executive Officer of Goldman Sachs.The following individuals have been promoted to Managing Director: Gregg Abramson Sanjay Acharya Khalid Albdah Amal Alibair Karthikeyan Anbalagan Rolf Andersson Volker Anger Jonathan Armstrong Ken Ashley Lavanya Ashok Sebastian Ayton Jonathan Babkow Julio Badi Amitayush Bahri Soren Balzer Robert Barlick Jr. Philip Barreca Santiago Bau David Bauer Oksana Beard Lee Becker Virender Bedi Stuart Beer Christian Beerli Amanda Beisel Yumiko Bekku David Bell Pierre Benichou Andrew Benito Marco Bensi Laura Benson Stephen Bergin Daniel Berglund Greg Berry Shital Bhatt Dipanjan Bhattacharjee Anu Bhavnani Carissa Biggie Vineet Birman Daniel Bitel Anne Black Richard Blore Emmanuel Bodenstein Timothy Braude Sean Brenan Hugh Briscoe Nathaniel Bristol Leo Brito Troy Broderick Levee Brooks Eric Brothers Robert Bruns III Anthony Bunnell Meg Burke Susan Burt Sean Butkus Russell Byrne Edward Byun Adam Cahill Alessandro Calace Cristiano Camargo Ken Cawley Swapan Chaddha Patrick Chamberlain Richard Chambers Daphne Chan Lily Chan Ben Chance Ginger Chang Vikram Chavali Alex Cheek Jae Joon Choi Ken Choi Paul Choi David Clark Denis Cleary Daniel Cleland-James Ayanna Clunis Pamela Codo-Lotti Jesse Cohen Paul Coles Simon Coombes Jenny Cosco Philip Coureau Nathan Cowen Matthew Cox (Securities) Shaun Cullinan Christine D'Agostino Emile Daher Hiren Dasani Russell Day Pierre De Belen Merche del Valle Caitlin DeSantis Jack Devaney Thomas Devos Mats Dewitte Hristo Dimitrov Tim Dinsdale Isabella Disler Christian Ditullio Terence Doherty Yakut Donat Nicola Dondi Brian Dong Jason D'Silva Stefan Duffner Jane Dunlevie Marie Duval Julien Dyon Rohini Eapen Zach Eckler Sayaka Eda Jason Eisenstadt Chris Emmerson Tiffany Eng Chendan Esvaran Erkko Etula Liz Ewing Michael Fargher Matteo Farina Leigh Farris Sarah Faulkner Tom Favia Brett Feldman Jennifer Feng Jon Ferguson Alex Field Herbert Filho Alex Finston Dean Flanagan Greg Flynn Trip Foley Andrew Ho Kwon Fong Moran Forman Michael Fox Caroline Fraser Daniel Freckleton Tim Freeman Reto Frei Giles French Kirsten Frivold Michael Fu Rob Fuentes Kenji Fujimoto Carrie Gannon Chantal Garcia Akhil Garg Alex Garner Nick Gelber Andrew Gent Gizelle George-Joseph Andrea Gift Sean Gilbride Andreas Glaser Yong Suan Goh Sona Gohel Amir Gold Jeremy Goldstein Steven Gonzalez Jeff Gowen Adam Greene Tom Groothaert Hannes Gsell Ashwin Gupta Ali Haji Ayaz Haji Robert Hamilton Kelly Victoria Hampson Raja Harb Andy Harding Ryan Harster Selma Hassan Stephen Hawinkels Jacqueline Haynes Jason He* Craig Hempstead David Herrmann David Hickey Thomas Hilger Mitch Hochberg Jodi Hochberger Jane Hodges Peter Hodgkinson Dylan Hogarty Tim Holliday Naftali Holtz Amy Hong Jason Hudes Earl Hunt Joseph Hwang Yoshinori Ide Kazuya Iketani Daniel Jackson Ankit Jain (Risk) Gaurav Jaitly Jan Janssen David Jeria Alnawaz Jiwa Kim Johns Scott Johnson Elis Jones Neil Jones Robert Jones Philip Joseph Anand Joshi Shawn Joshi Ritu Kalra Michael Kaprelian Nadeem Kayani Alicia Keenan Neil Kelleher Tom Kennedy Aqil Khan Sarah Kiernan Daniel Kim Eugene Kim (IMD) Jason Kim (GIR) Sora Kim Kristy Kinahan Eugene King Laura Kirk Kunal Kishore Elliot Klapper Jayee Koffey Jason Koon Jennifer Kopylov Daniel Korich Ichiro Kosuge Vladimir Kotlyar Samuel Krasnik Katherine Krause David Kraut Sergey Kraytman Nitin Kulkarni Ram Kulkarni Dileep Kumar (Securities) Santosh Kunnakkat Wendy Kwong JP Lall Bill Lambert David Landman Yi Larson Niccolo Laudiero Nick Laux David Lee Phillip Lee Samuel Lee Shawn Lee Michael Leister David Lerner Naomi Leslie Matt Levine Na Li Haining Liang Nancy Licul Monica Lim Michelle Ling Srujan Linga Philip Linton Alan Liu Daniel Liu Eric Liu Heiman Lo Juan Lorenzo Tian Lu Wayne Lu James Lucas Dennis Luebcke Martin Luehrmann John Lynch Gina Lytle Leo Ma* Caesar Maasry Geoff MacDonald Robert Magnuson Toshiyuki Makabe Mariano Mallol Geydar Mamedov Kara Mangone Donna Mansfield Ajit Marathe Gilberto Marcheggiano James Marchese Michael Marcus Joshua Matheus Ann Mathews Chris Mathie Brian McCallion Graham McClelland Anne McCosker Michael Meehan (Compliance) Taylor Mefford Neil Mehta Adam Meister David Mericle Vitali Meschoulam Eric Meyers Alex Mignotte Andras Mikite Christopher Milligan Rahul Mistry Mike Mitchell Neil Moge Waleed Mohsin Babak Molavi Joel Monson Guy Morgan James Morris Antoine Munfa Aimee Mungovan Yuji Murata Dan Murphy Josh Murray Brian Musto Shehzad Nabi Devarajan Nambakam Ramanathan Narayanan Ganapathy Natarajan Danielle Natoli Murad Nayal Karim Nensi Scott Neu Dennis Ng Ken Ng Benjamin Ngan Joy Nguyen Salman Niaz Anders Nielsen (IMD) Howard Nifoussi Jun Niki Leah Nivison Laura Noble James Nolan Lauren Oakes Lynn Oberschmidt Allison O'Connor John O'Connor Shunil Ohrie Damian Ordish Leke Osinubi David Ossack Sathiya Padmanaban Danielle Pallin Salvador Pareja Dalmir Pasini Clorinda Pasqua Chris Pawson Paris Pender Patrick Perkins Philippe Perzi Wendy Peters Andy Phillips Flavio Picciotto Michael Pieck Sam Pirog Thomas Plank Joseph Plotkin Wade Podlich Ashish Pokharna Caitlin Pollak Charles Pollock Joe Porter Travis Potter Rohit Prabhu Richard Privorotsky Andrew Pucher Jay Rabinowitz Ankit Raj Harsha Rajamani Dmitry Rakhlin Yasser Rathore Edoardo Rava Elizabeth Reed Alexandre Reinert Stephen Reinhard Irfan Rendeci Christian Resch Andrew Rhee Riccardo Riboldi James Rinsler Caroline Riskey Helen Robinson Mark Rosen Amit Roy Joe Ryan Bernhard Rzymelka Takehiro Sakuramoto John Sales Rob Sarazen Vineeta Saxena Dominik Schaefer Andrea Scott Majid Sebti Bipin Sehgal Arseni Seregin Irma Sgarz Paulomi Shah Shreyas Shah Sunny Shah Faisal Shamsee Daniel Shapiro Mahesh Sharma Shripal Sharma Mai Shin Romy Shioda Toshimichi Shirai Mark Short Pankauz Shrestha David Shrimpton Obaid Siddiqui Mike Sidorov Scott Silverglate Stefani Silverstein Amy Silverzweig Jasdeep Singh Gabriella Skirnick Michael Sklow Maxine Sleeper Michael Slomienski Michael Sloyer Nicholas Smith (IBD) Ruth Smithson Christine Smyth Ben Snider Stacy Sonnenberg Cleaver Sower Ro Spaziani Brian Steele Johannes Steffens Duncan Stewart Stephen Stites Laurent Storoni Caroline Styant Joel Sulkes Mancy Sun Winnie Tam Nachiket Tamhane Ken Tang MK Tang Amish Tanna Melissa Teng Ross Tennenbaum Greg Thompson Fiona Thomson Justin Tobe Jason Tofsky Brad Tuthill Masahiro Uchiyama Nehal Udeshi Saad Usmani Meg Vaden Pramod Vaidyanathan Adam Van de Berghe Fred van der Wyck Suzanne van Staveren Andrew Vass Mahesh Vellanki Kadambari Verma Christopher Vilburn Iva Vukina Heng Vuong Ketan Vyas Joe Wall Jeffrey Wang Jiantao Wang Joshua Wang Lily Wang (Technology) Sherry Wang Victoria Ward (Compliance) Jeff Warren Noriko Watanabe Ramey Watkins Sam Watkins Heiko Weber Niki Webster Scott Weinstein Ryan Westmacott James Westwood Keith Wetzel Mark Wetzel James Whittingham Sabine Wick Robert Wieser Devin Wilde David Wilkins John Wilkinson Andrew Williams Ed Wong (IBD Technology) Eric Wong (Internal Audit) Kate Wood Amanda Wu Douglas Wu Joanne Xu Liang Xu** Rupam Yadav Kazushi Yamaguchi Hubert Yang Lisa Yang Basak Yavuz Zeynep Yenel David Yu Brian Zakrocki Thomas Zeppetella Yi Zhang* Adib Zouein Patrik Zumstein Piotr Zurawski Jonathan Zwart*Employee of Goldman Sachs Gao Hua Securities Company Limited **Employee of Beijing Gao Hua Securities Company Limited</div></article></section>Get the latest Goldman Sachs stock price<a href="http://markets.businessinsider.com/stock/GS-Quote"> here.</a> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/interview-with-kristina-hooper-chief-investment-strategist-at-invesco-2017-11">We talked to the chief investment strategist at $920 billion fund giant Invesco about where you should invest right now</a></h3> <div> <iframe class="bijwplayerclass" data-player="jwplayer" src="https://content.jwplatform.com/players/EpDpiRHy-xjRU7l6Z.html" width="100%" height="100%" frameborder="0" scrolling="auto" style="margin:0px;" allowfullscreen=""></iframe><script>function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</script> </div> </div>

Goldman Sachs' new managing director list is out

<div class="KonaFilter image-container display-table float_right"><div><div class="image"><img src="http://static1.businessinsider.com/image/52dee0646da811556e35616e-1200-924/mohamed-el-erian-12.jpg" border="0" alt="mohamed el-erian" />REUTERS/Jason ReedMohamed El-Erian, CEO of PIMCO</div></div></div>Mohamed El-Erian has <a href="https://twitter.com/fxmacro/status/425734699089006592">resigned</a> from PIMCO, according to Bloomberg, but is staying on to advise parent company Allianz.
He will stay on the International Executive Committee of Allianz and will advise the Board of Management of Allianz SE on global economic and policy issues. Mohamed El-Erian will directly report to Michael Diekmann, CEO of Allianz SE.
<a href="https://www.allianz.com/v_1390337998000/media/investor_relations/en/announcements/140121_irrelease.pdf">Full release »</a>
Leadership changes at PIMCO New responsibilities for Mohamed El-Erian within Allianz Group
Pacific Investment Management Company LLC (PIMCO), US-based Asset Management subsidiary of Allianz, has reorganized its leadership structure. Mohamed El-Erian, Chief Executive Officer and Co-Chief Investment Officer of PIMCO, today has resigned from his functions effective mid-March and will leave PIMCO at the same time. He will stay on the International Executive Committee of Allianz and will advise the Board of Management of Allianz SE on global economic and policy issues. Mohamed El-Erian will directly report to Michael Diekmann, CEO of Allianz SE. William H. Gross, founder of PIMCO, will remain Chief Investment Officer. Portfolio management will be strengthened by the appointment of the Managing Directors Andrew Balls and Daniel Ivascyn as Deputy Chief Investment Officers. In today's meeting, effective as of the above-mentioned date, PIMCO's Managing Directors also elected Douglas Hodge, Managing Director and currently Chief Operating Officer of PIMCO, as Chief Executive Officer and Jay Jacobs, Managing Director and currently Global Head of Talent Management, as President. Craig Dawson, Managing Director and currently Head of PIMCO Germany, Austria, Switzerland and Italy, will assume the position as Head of Strategic Business Management. "Over the past years, PIMCO has achieved an outstanding performance in Asset Management. It speaks for the strength and diversity of PIMCO that all positions can be filled by internal candidates. With this continuity we are well prepared for the future," said Jay Ralph, Member of the Board of Management of Allianz SE. "We are pleased that we will continue to profit from the expertise of Mohamed El-Erian, from his large global network and excellent knowledge of the macroeconomic conditions," said Michael Diekmann.
More to come...

MOHAMED EL-ERIAN RESIGNS FROM PIMCO

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5644d41b2491f92b008b49d0-3056-2292/rtr2d4sx.jpg" alt="Blankfein Cohn" data-mce-source="REUTERS/Natalie Behring" />REUTERS/Natalie Behring</div></div></div>Goldman Sachs has promoted 425 people to managing director."Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and we wish them continued success in their careers," Goldman CEO Lloyd Blankfein said in a statement.It's a big deal to be named a managing director. The title is just one step below "partner," which is one of the most highly-coveted titles in investment banking. The next class of MDs won't be selected until 2017. In 2013, <a href="http://www.businessinsider.com/goldman-managing-director-selection-2013-3">Goldman changed its managing director selection process</a> from every year to every two years. That year, <a href="http://www.businessinsider.com/goldman-managing-director-class-2013-11">280 people</a> made the cut.The following individuals have been promoted:Catherine Addona-Peña Alokik Advani Sam Agnew Daniel Ahern Murtaza Ahmed Fusae Akamatsu Phil Almond Ana Alonso Roy Appelman Juliano Arruda Alex Ashwal Daniel Avery Misty Bailey Tom Barkes Jose Barreto Sushil Bathija Gregoire Baudot Olivier Belaich Sharon Bell Allison Beller Christine Benson Schwartzstein Sam Berberian Todd Berger Sandy Bernhardt Greg Berube Shashi Bhushan (Bengaluru) Lyla Bibi Julie Billings Alexander Blanchard Tristan Blood Katherine Bloom Alexander Blostein John Blythe Andrea Bonini Vijay Borkar Jean-Pierre Boudrias Dyson Bowditch Rhett Brewer Sean Brewer Cameron Brien Tyler Brooke Marios Broustas Melissa Brown Jacob Buitelaar Jason Burgess Manuel Camacho Tim Campbell Eliot Camplisson Susana Cao Miranda Nicholas Chan Sorubh Chandani Amy Chang Dennis Chang Scott Chastain Scott Chen (IBD) Yu Chikami Vikram Chima Sung Cho Caroline Chu Simon Clarke Ray Clifford Jorge Combe William Connolly Ron Cortina Daniela Costa Yasmine Coupal Patricia Creedon Brian Culang Michelle Daly Ranga Dattatreya Christopher Daur Brian DeCenzo Alexis Deladerriere Robert Devens Devanshu Dhyani Scott Dias Johanna Diaz Simon Dickinson Andrew DiMaria Darren Dixon Terence Donnelly Christopher Droege Lindsay Drucker Mann Frank Drury Caroline Dunne Steven Edwards (Internal Audit) Jeffrey Egee Naoko Ehara Inna Elyashkevich Jason English Andrew Erekson Joris Esch Ana Estrada Cristina Estrada Owain Evans Julia Feldman Jing Feng Albert Ferng Val Feygin Dan Fishman Dennis Fleck Terence Flynn Ian Foster (IBD) Kelly Galanis Ilya Gaysinskiy Libardo Gerardino Said Ghusayni Michael Gillott Arvind Giridhar Mark Glotfelty Chloe Goddard Lakshya Goel Peter Goertzen Andres Gonzalez Clara Gonzalez-Martin Claire Goodeve Anton Gorshkov Simon Gosling Jessica Binder Graham Michael Graham (Securities) Glenn Greilsamer Fabrizio Grena Alain Griveau Pierre-Yves Guerber Renaud Guidée Renu Gupta Christoph Haenschel Simon Hale Jay Handfield Deirdre Harding Nada Hassan Frances Hawkins Tobias Heilmaier Christoph Heuer Kenneth Ho Luke Hodges Jennie Holloway Matthew Hostasa Henry Howell Soomin Hu Victor Hu Andrew Huang Lee Hughes Michael Hui Shinichiro Ichiki George Ingram Francesca Innocenti Karen Ip Yuichiro Isayama Shubha Iyer Kristy Jago Matt Jahansouz Lear Janiv Jessica Janowitz Franklin Jarman Jabe Jerram Lei Jin Moritz Jobke Charles Johnston Ganesh Jois Katherine Jollon Colsher John Jonke Shrut Kalra Emiko Kamoda Markus Kant Yugandhar Karna Lotfi Karoui Vanya Kasanof Ting Ke Kyle Kendall Richard Kendrick Corey Kenyon Anthony Kim Seong Eun Kim Sean Kingston Teresa Kingswood David Kirschner Michael Klym Jared Klyman Andrew Knight Timur Kocaoglu Kevin Kochar Christina Kopec David Korpi Caroline Kraus Jennifer Krevitt Ajay Kumar Raj Kumar Kosuke Kurosawa Marc Kurz Takashi Kuwano Loredana La Pace Phil Labbe Marco Laicini Vidya Lakshmi Lia Larson Kinger Lau Max Layton Jerome Lebuchoux Andrew Lee (GIR) David Lee (IMD) Jay Hyun Lee (MBD) Jerry Lee Shane Lee Valerie Leeder Panayiotis Lemonidis Joe Lenehan Daniel Levy Yael Levy Olga Lewis Christina Sun Li Chuan Li James Li Edmund Lim Stephen Little David Liu Daniel Lochner Michael Loetzsch Donald Lu Rochelle Lucas Matthias Ludemann Christopher Lvoff Andrew Lyons Kristen Macleod Manju Madhavan Lynn Magnus Thomas Malafronte Sajith Maliakel Rakesh Manani Elizabeth Mann Jim Mannoia John Manzi Jia Mao Guillaume Marinacce Jeremie Marrache Matthew Mason Gaurav Mathur Yuji Matsumoto Tom McAndrew Scott McHugh Andrew McIlroy Jenny Meng Shahmil Merchant Joann Mercurio Maryline Mertz Marco Messeri Hideo Michiba Jared Miller Stacey Miller Elizabeth Milonopoulos Pascal Mischler Pooja Mishra Prahlad Doretta Mistras Matthew Mizrahi Hillel Moerman Soren Moller-Rasmussen Fausto Monacelli Q Montazeri Leonie Morel Owen Morris Daniel Motta Ricardo Mourao Christian Mueller-Glissmann Niladri Mukhopadhyay Mathieu Munuera Francis Murphy Thomas Murray Charles Myers Harsh Nanda Asad Naqvi Ryan Nash David Naulty Toh Ne Win Shapour Neshatfar Billy Newport Anya Newton Katrina Niehaus Christos Nifadopoulos Ryan Nolan Brian Nordahl Steven Nowak Matthew O'Callaghan John Olivo Oscar Ostlund Marco Paesotto Kanak Palanisamy Sundaram Pandiarajan Mrudang Pandya Francesco Paolicelli Dhaval Parekh Keyur Parekh Akash Patel Himin Patel Jatin Patel Cristina Patron Nicholas Peach Agostina Pechi Xi Pei Shlomit Perry Joseph Persky Carlos Prieto Ricardo Puggina Tim Quandt Stephanie Rader Emilie Railhac Amit Raje Sudarshan Ramakrishnan Akila Raman Vishaal Rana Robert Rancitelli Zeeshan Razzaqui Paolo Re David Reis Kevin Relihan Ben Reuter Matt Rhodes Clare Richards Brian Richardson Richard Rivero Duane Robinson Fabiano Romeiro Agustin Romo Calvo Karen Rossi Matias Rotella Anne Russ C. Kyle Russ Jamie Russell Isidoor Rutten Timothy Ryan Craig Sabal Carolyn Sabat Michael Sachs Hassan Salamony Nicholas Saunders Carly Scales Marc Schaffer Tom Schouwenaars Jameson Schriber Leonard Seevers Masataka Sera Arpan Shah (Internal Audit) Dhruv Shah Nitin Shah Ashoke Sharma Nik Sharma Salil Sheth Jonathan Shugar Aaron Siegel Eric Siegel Julie Silverman Jim Sinclair Balaji Sivasubramanian Neil Slee Martin Smith (IMD) Scott Smith Lin Smyth Douglas Spell David Sprake Jack Springate Sujatha Srinivasan Ricardo Stabile John Startin John Stecher Alexander Stiles Peter Stone Miruna Stratan Matthew Straughen Hiroyuki Sugiura Joseph Sumberg Philip Sun Lawrence Tankel Richard Tarling Ian Taylor Mike Taylor (Services) Sophie Taylor Latifa Tefridj-Gaillard Kurt Tenenbaum Prasanna Thati Radha Tilton Vincent Tiseo Jandirk tom Dieck Margo Topman Shinsaku Toriyama Dom Totino Joseph Traina Matthew Traina Alexis Tsang Tetsuya Ukai Silvia Valente Laura van Alkemade Carol Van der Vorst Alexis Vassilakas Kerone Vatel Thomas Vaughan Meriel Vessey Alexandra Vincenzi David Wade Dennis Walsh Alex Wang Jun Wang Moon Wang Katherine Ward Amy Watson Peter Watson Whitney Watson Gregory Watts Jie Wei Michael Weiss Miriam Wheeler Pete Williams Wes Williams Jiahong Wu Tony Xu Michael Yaeger Satoshi Yamagata Huan Yang Jonathan Yarrow Sylvia Yeh Vincent Yeung Derek Yi Jon Yoder Jaewon Yu Brendan Zeigon Daniel Zimmerman Martin Zoll <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/seaworld-end-killer-whale-show-san-diego-blackfish-2015-11">SeaWorld is ending its killer whale show after being criticized for how it treats them</a></h3> <div> <div> <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="VjdnBxeDr7ABHNOUF_pwCshHV8m9AMwX" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> <script> if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'VjdnBxeDr7ABHNOUF_pwCshHV8m9AMwX',{ autoplay: 'false' }); }); </script> <noscript><div>Please enable Javascript to watch this video</div></noscript></div> </div> <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script> </div>

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