A couple weeks ago, I blogged a Bloomberg column by Alice Schroeder that alleged that Goldman Sachs bankers were buying handguns to protect themselves from peasant uprisings. The Wall Street Journal has investigated the claim, and they think it's bogus:
New York police spokesman Paul J. Browne says that their records show only four Goldman employees have applied for gun permits in recent years -- and the last application was made in 2003. That application, by the firm's head of security for a "carry permit", was granted. The only other employee granted a NYPD carry permit" is a building security guard. It was issued prior to 2003, said a police spokesman. Those applying for a permit must list their employer.
Two Goldman employees have residential permits, allowing them to have guns in their homes. The last of these permits was issued in 2001, Browne said. One of the permits was issued to a trader and the other was given to a graphic designer.
"We haven't seen a surge of applications of any kind for Goldman Sachs employees," said Browne.
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