Cons: sink or swim
Goldman is the best at what it does and until recently, has paid its people well for it. Banking will always be a profit center but the bank is going through huge changes now that it can't prop trade, must hold more risk weighted assets, and can't make markets in FIG like they used to. Serious change coming but not many see it yet. As is, still one of the top three best places on the street to work. Pedigree is fading, however.