In the bustling world of finance, where the mighty Goldman Sachs reigns supreme, a curious tale of deception and audacity has unfolded. It is said that a certain Arian Eghbali, a man of 40 years, has been running a side company under the grand name of “Goldman Sachs Capital LLC.”
The Wall Street Journal, ever the keen observer of such intrigues, reports that this Eghbali registered his company with the California Secretary of State’s office in 2022, boldly listing himself as the chief executive in 2024. One can almost hear the chuckles of the financial elite at such audacity.
Nick Carcaterra, a spokesperson for the real Goldman Sachs, tells the WSJ that Eghbali has never been a part of their esteemed institution. “We are taking action regarding the use of our name,” Carcaterra declares, with a hint of disdain. One wonders if Eghbali’s audacity has not only amused but also irritated the financial giant.
Eghbali, it seems, is no stranger to the world of bankruptcy. He represents trade creditors through his firm Olympus Guardians and is involved in numerous high-profile cases, including those of Forever 21, Hooters, and Virgin Orbit. One might say he has a knack for navigating the treacherous waters of financial distress. 🌊
When asked about his choice of company name, Eghbali tells the WSJ that he had considered a business venture that he thought would receive funds from the actual Goldman Sachs. So, he registered Goldman Sachs Capital, perhaps in a moment of hopeful optimism. Alas, the venture did not materialize, and Eghbali has since used the LLC to maximize employee retention credits (ERCs), a tax credit designed to encourage employers to keep their employees during the pandemic. 🤷♂️
Carcaterra, however, finds Eghbali’s reasoning less than logical. “It doesn’t follow any reasonable business strategy,” he remarks, with a touch of sarcasm. One can almost see the raised eyebrow of the Goldman Sachs spokesperson. 🙄
A representative for the California Secretary of State’s Office, ever the neutral party, tells the WSJ that they do not regulate brand or intellectual-property issues. They merely cross-check registrations against names already in their system, not national brands. It seems the state office is as much a victim of Eghbali’s scheme as Goldman Sachs itself. 🤷♀️
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2025-06-12 03:01