Pretty sure the story I’ve read is that there were only managing directors and associates and they needed something that sounded fancy to clients to fill the gap
the real death knell for title meaningfulness was when GS kept calling people 'partner' after the IPO
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The partners collectively still own a ton of the voting stock of the company so it’s not entirely wrong, can’t remember percentage though
Thanks. Twitter will use this to make your timeline better. UndoUndo
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