Goldman Sachs is Wall Street's great survivor. Bear Stearns and Lehman Brothers have collapsed into oblivion, but Goldman has endured. Why?

A year that has seen the emasculation of the world's financial institutions may not seem the ideal time to reflect on what made the erstwhile industry leader great. But, amid the torrent of negative news, Charles Ellis's brilliant history of Goldman Sachs paints a convincing picture of an institution that has got most of the important things right.

Informationen zum Autor Charles D. Ellis Klappentext Despite financial turmoil, Goldman Sachs remain the leading investment bank in their field. They are notorious for their unique management culture, unorthodox recruiting techniques - and for their secrecy. In The Partnership Charles Ellis reveals their story. With unparalleled access to the leadership of this famously close-knit firm, Ellis investigates the brilliant individuals who turned a marginal family business into a global powerhouse, weathering recession, scandal and disaster on the way. Among them are high school dropout and financial genius Sidney Weinberg, maverick reinventor John Whitehead, former US treasury secretary Hank Paulson and working-class New Yorker turned current CEO, Lloyd Blankfein. The Partnership reveals the shared values of intensive recruitment, discipline and talent that have tied Goldman Sachs's people together - and made it a survivor. Zusammenfassung Despite financial turmoil, Goldman Sachs is one of the leading investment banks in their field. They are notorious for their unique management culture, unorthodox recruiting techniques - and for their secrecy. This book reveals their story.

Autorentext

Charles D. Ellis

Klappentext

Despite financial turmoil, Goldman Sachs remain the leading investment bank in their field. They are notorious for their unique management culture, unorthodox recruiting techniques - and for their secrecy. In The Partnership Charles Ellis reveals their story.

With unparalleled access to the leadership of this famously close-knit firm, Ellis investigates the brilliant individuals who turned a marginal family business into a global powerhouse, weathering recession, scandal and disaster on the way. Among them are high school dropout and financial genius Sidney Weinberg, maverick reinventor John Whitehead, former US treasury secretary Hank Paulson and working-class New Yorker turned current CEO, Lloyd Blankfein.

The Partnership reveals the shared values of intensive recruitment, discipline and talent that have tied Goldman Sachs's people together - and made it a survivor.

Zusammenfassung
Despite financial turmoil, Goldman Sachs is one of the leading investment banks in their field. They are notorious for their unique management culture, unorthodox recruiting techniques - and for their secrecy. This book reveals their story.