Monday, 24 September 2007

Paul Craven joins Goldman Sachs

Paul Craven has left Pimco and joined Goldman Sachs Asset Management. He is now head of UK and Irish institutional business at Goldman.

The interesting thing about Mr Craven is that he was admitted into the Magicians' Circle in May this year. Unfortunately, this is not quite the same thing as being a financial shaman or money mystic. I hope the bosses at Goldman Sachs realize this. Otherwise, it could all end in tears when they find out that Mr Craven can't predict the future.