The cover story of the Economist’s latest issue is all about Goldman. The article’s purported purpose: raising deep questions about Goldman’s risky business, but it ends up being worshipful, like everything written about Goldman. (The 1-page teaser is free online but the in-depth article is only available to subscribers)

Best excerpts:

“Suzanne Nora Johnson, a vice-chairman, was hired from a law firm after 150 interviews, which if not a record should be.” (on the grueling Goldman interview process)

“One management consultant recalls oferring a chief executive a detailed analysis of a firm or industry. The consultant said that his firm could do a superb job within two months. The executive said he could call Goldman in the evening and get an excellent report the next morning.”

and best of all…“The average pay-packet of its 24,000 staff last year was $524,000.” (emphasis added)

Worship on.