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That's because you didn't work in a revenue-producing line.

Goldman has people in their mid-20s managing books of business larger than most listed companies and responsible for hundreds of millions in revenue per year. That isn't possible with a bureaucracy (this is how you get the huge insider trading cases, like I know people who worked there, were there for a few years and could not imagine the amount of business they were doing as relatively junior employees...it is a crazy system but seems to work, back in the early 90s they would give prop books worth hundreds of millions to grads a few months out of college...again, it was genuinely mad but it worked).




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