Pros
Great benefits, surrounded by intelligent people. The name Goldman is clearly reputable. The company has it's standards and systems in place, so that it could pretty much run by itself. The people who succeed are the ones who will do whatever it takes to make their clients happy. If you like giving more than you recieve, than this is the place to work. The helpdesk is run out of India...always a pleasure trying to understand what they are trying to help you with. The pay is mediocre in comparison to other finacial firms, but whatever, you are working for Goldman.
Cons
The internal competition is depressing. Most of the people are there for themselves and are willing to do pretty much anything to look out for their own best interests. The company works in "teams" to create revenue, but there is no sense that anyone is there to be a part of a "team" unless they are grossly profitting from their extremely weathly clients. When times are good, everyone is happy, when markets are bad and clients are losing money, people get cut. Management is what you would expect from a cut-throat investment firm, concerned mostly with the bottom line. They are not concerned with interests of their employees and would side with an angry client before sticking up for someone who has worked for them for years.