It appears Goldman Sachs' CEO David Solomon isn't too worried about the economic impacts of Covid on his bank.
That's because instead of working overtime and being parked behind a desk in a suit, like a normal middle aged Wall Street CEO, Solomon recently took to the Hamptons and appeared to be complicit in spreading Covid-19 - all so he could apparently act like a 20-something year old and DJ a party in the Hamptons with friends.
That party is now under investigation by New York Health Authorities, according to Bloomberg.
Solomon, who DJs under the name "D Sol", appeared at a Hamptons charity concert Saturday night which is now being investigated for what Governor Andrew Cuomo has called "egregious social distancing violations".
“We have no tolerance for the illegal & reckless endangerment of public health,” Cuomo said after seeing video of the event, which had been billed as the “Safe & Sound drive-in concert”. The event was supposed to allow attendees to enjoy music from their cars and in designated social distancing areas.
2,000 people showed up for the performance that included Solomon and the Chainsmokers. Southampton's Town Supervisor and Mayor were both performers and emcees at the event, as well. Video of the event shows groups of people gathering near the stage and some concert goers without masks.
The concert's organizers said: “The criticism based on a two-second video does not accurately depict the entire event. The Safe & Sound drive-in concert fundraiser followed the guidelines created by the Centers for Disease Control and Prevention and made best efforts to ensure New York’s social-distancing guidelines were properly maintained throughout the event.”
The organizers had set up temperature checks, cleaning of portable toilets every 10 minutes and had pledged to abide by local health standards. The concert drew in about 500 cars to spots that cost as much as $25,000. Masks were not required near vehicles, though they were "encouraged".
Solomon had said on Monday, prior to Cuomo's criticism of the event: “Standing up there and watching the sunset, looking out over this huge field of cars and people on their cars, it was absolutely beautiful. The group that put this together did an incredible job in a difficult environment. If we work together and are thoughtful, we can do things that feel more normal and allow us to live with this
But Southampton's own Town Supervisor, Jay Schneiderman, said it appeared the concert broke its own rules: “I am upset. It puts me in an awkward situation,” he said.
Goldman Sachs declined to comment for Bloomberg's story, so instead here's our comment: maybe it's time the mega-bank's board of directors considers asking its CEO to grow up.