Former Goldman Sachs Vice President Lisa Endlich draws on an insider’s knowledge to bring to life this unique company and the most stunning. Goldman Sachs, in most years the most profitable investment bank in the country, Lisa Endlich, Author Alfred A. Knopf $30 (p) ISBN Luckily, Lisa Endlich opens this mystery in her book Goldman Sachs – The Culture of Success. Endlich explains the history of the firm from the.
|Published (Last):||15 August 2018|
|PDF File Size:||4.83 Mb|
|ePub File Size:||12.84 Mb|
|Price:||Free* [*Free Regsitration Required]|
The firm was one of great integrity and reputation in which the founders did not believe showing off their wealth, and they did not believe their employees should either. For the hundred fo so in “the zone,” the inside term for those actually in contention, everything was at stake — prestige, recognition, riches.
Goldman Sachs: The Culture of Success
Aug 15, Erin rated it it was ok. Goodreads helps you keep track of books you want to read. Made me feel proud and a little nervous to be a part of it. One very interesting fact is that Goldman Sachs has typically had two persons in similar leading positions at the same time.
Goldman Sachs: The Culture Of Success
This book was recommended to me by a faculty member at the BYU business school. In the beginning the firm had a family business culture and a pretty conservative approach to finance.
It has most often been a leader pair, not just one leader. Endlich explains the history of the firm from the very beginning when the company was founded by two families – Goldmans and Sachs.
Breathe Business: Goldman Sachs – The Culture of Success
It takes great risks and it has also suffered from bad reputation in liaa cases. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of tge screen. These 3 locations in All: A1 I want to be a teacher or police or firefighter. The firms reputation however, was definitely damaged when they took one particular client, who was found dead shortly after his loans were demanded.
How do you usually spend extra money? Stockholders would own much of the firm”s capital, and a board of directors, presumably with outside members, would rule on issues of policy. For days rumors had circulated but the official agenda had not sacsh disclosed. I would say it is a must read for everyone working in the finance, or especially in investment banking. Only thing that surprised was the absence of technology and its pioneers within the firm from the narrative.
Dec 04, JoJo rated it really liked it.
Goldman Sachs: The Culture Of Success – Lisa Endlich – Google Books
I thought some of these little anecdotes were brilliant to include because it gave a slightly lighter mood to a read that could have been overly dry. Aug 26, Daniel Clausen rated it really liked it.
They won’t let us fail”. I had to put this one in there as it still sits on my bookshelf. I do like the finance. I did find some of the history here interesting, especially about the creation of Block Trading and Hedge Funds. Mar 06, James R Hunter rated it it was ok. Readers for new literates.
Senior partner of Lazards succses “The believe if they are successful it is because they are particularly smart and then because they are particularly smart they can do anything”.
In an abrupt break with one hundred seventeen years of history, the management committee was proposing that Goldman Sachs become a public corporation. Sep 16, Cody rated it did not like it. It does discuss how important culture was to the firms development though, so that was in the book, but it was more of a historical perspective overall. She brought us through the firm’s humble beginnings all the way to the firms IPO in the late 90’s when it was considered one of the most dominant power houses in the financial world.
The partners stated that they wished they had delved completely into the background of the client before taking him on and vowed to do so in the future, since that had tarnished their reputation. Then the issue of unlimited liability was addressed. Envy and frustration would cause one or two people to resign, but the vast majority would take the disappointment in stride, hoping for another shot at a partnership two years hence.
Let’s not forget that this is the firm that provided cabinet’s for Obama when he bailed out the banks, Trump as he dismantles safeguards and who hid Greek debt to allow them entry to the EU, causing the future Euro crisis that almost toppled the currency of a continent.
Want to Read saving…. Goldman Sachs Author Lisa Endlich 60minutes.
This book is not yet featured on Listopia. Only five days later, the management committee that so recently had bestowed this honor proposed to take it away.