Great Finance Firms · Builders
Goldman Sachs
From a one-man commercial-paper business in 1869 to Wall Street's most powerful partnership: the 1929 trust disaster, Sidney Weinberg's comeback, block trading, the 1999 IPO, the 2008 crisis and the scandals: and the culture of 'long-term greedy'.
Step 1 of 6 · Overview35 min read ·
Key idea
Prereqs: J.P. Morgan & the House of Morgan; Market structure. Next: BlackRock. Sources: Charles Ellis's *The Partnership*, William Cohan's *Money and Power*, and Goldman's own 150-year history.Next: 1. Origins