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Comment by sizzle

5 years ago

Exactly, so what is this Armen character getting out of this other than a potentially big amount of liability and unarticulated risk.

The OP said he told people openly that Armen told him he could do it when asked.

This makes no sense to me, what’s the upside to Armen? If he is business savvy, he needs to be gaining something in exchange for having his name thrown around by OP as signing off on this.

Guess the Python was useful? From an FT article:

>In 2011 Goldman Sachs put its top computer wizard, Armen Avanessians, in charge of the division. He has helped turn round its fortunes. The arm’s assets under management reached a nadir of $38bn in 2012, but it now manages $91.8bn...

He's doing his job, which is to ensure people have the tools and resources available to do their jobs. You know, furthering the goals of the organisation.

Money or less risk of losing money. Partners originate deals and/or manage risk. He was looking for accelerated process to make informed decisions.