Gephardt poised to join Goldman Sachs

Published: March. 15, 2005 at 1:10 PM

WASHINGTON, March 15 (UPI) -- Former House Minority Leader Dick Gephardt is headed to Wall Street powerhouse Goldman Sachs, an investment-banking firm, The Hill reported Tuesday.

The Missouri Democrat, who twice failed in his bid to win the Democrats' presidential nomination, said through an aide he would not lobby though he declined to provide further details about the role he would play.

A Gephardt adviser said the former House majority and minority leader is also negotiating with several law firms, including St. Louis-based Bryan Cave, where his former chief of staff, Steve Elmendorf, is heading up a strategy group.

The adviser said that Gephardt has also talked with two other law firms and was planning to serve on the board of St. Louis-based beer brewing behemoth Anheuser-Busch.

Gephardt declined to comment in detail about his talks with Goldman Sachs, instead issuing a short statement: "I have made no final decisions regarding my next career and any conclusions drawn about future plans are premature."

Topics: Dick Gephardt, Goldman Sachs

© 2005 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints

Most Popular Collections

'Star Trek Into Darkness' screening	NBC upfronts	Met Ball 2013
'Great Gatsby' premieres in New York	Spire raised on top of One WTC	2013: Celebrity break ups and divorces

Additional Top News Stories
Top News 'Serial Shooter' Dale Hausner found dead in death row cell PHOENIX, June 20 (UPI) -- A man convicted of a string of killings in the Phoenix area was found dead Wednesday in his cell on death row. 2 custodians found dead at Dreyfoos School in Florida Brazil demonstrators promise biggest protests yet Rebels: Syrian forces used chemical weapons in attack on Zamalka Assange: WikiLeaks helping Snowden seek Iceland as	Entertainment News Selena Gomez said to have hooked up with singer Ed Sheeran LOS ANGELES, June 19 (UPI) -- U.S. singer and actress Selena Gomez and British singer-songwriter Ed Sheeran are now involved in a trans-Atlantic romance, Us Weekly reports. 'Sopranos' star James Gandolfini dies in Italy at 51 Christina Aguilera shows off weight loss on 'The Voice' finale Shailene Woodley cut from 'Amazing Spider-Man 2': 'I'm bummed,' she says [VIDEO] James Gandolfini on 'Inside the Actor's Studio' in 2004
Business News Chicago tops in owner-vacated properties in foreclosure IRVINE, Calif., June 20 (UPI) -- Chicago has the highest number of owner-vacated foreclosed properties among major U.S. cities in June, online foreclosure marketplace RealtyTrac said. Iraqi oil pipeline planned to Turkish border Iran courts China for drilling rigs Shell accused of hyping Nigerian oil sabotage China considers pipeline for shale gas	Odd News Your Daily Horoscope UPI horoscopes for Thursday, June 20, 2013. The almanac Burglar stumbles into hanging body of suicide Drunken Polish dentist yanks tooth of patient wanting a crown Two U.S. Navy landing craft up for auction; each seats 200, and a tank

Top News

Gephardt poised to join Goldman Sachs