Synopses & Reviews
Former Goldman Sachs Vice President Lisa Endlich draws on an insiderand#8217;s knowledge to bring to life this unique company and the most stunning accomplishments in modern American finance.andlt;BRandgt;andlt;BRandgt;The history, mystique, and remarkable success of Goldman Sachs, the worldand#8217;s premier investment bank, are examined in unprecedented depth in this fascinating and authoritative study.andlt;BRandgt; andlt;BRandgt; The firmand#8217;s spectacular ascent is traced in the context of its tenacious grip on its core values. Endlich shows how close client contact, teamwork, focus on long-term profitability rather than short-term opportunism, and the ability to recruit consistently some of the most talented people on Wall Street helped the firm generate a phenomenal $3 billion in pretax profits in 1997. And she describes in detail the monumental events of 1998 that shook Goldman Sachs and the financial world.andlt;BRandgt; andlt;BRandgt; This is a rare and revealing look inside a great institutionand#8212;the last private partnership on Wall Streetand#8212;and inside the financial world at its highest levels.
Review
James Surowiecki andlt;Iandgt;Newsdayandlt;/Iandgt; As the first meaningful look inside one of America's most important and least-known institutions, the book has the great virtue of being effectively a secret history.
Review
James Surowiecki
Newsday
As the first meaningful look inside one of America's most important and least-known institutions, the book has the great virtue of being effectively a secret history.
Review
Roger Lowenstein andlt;Iandgt;The Wall Street Journal Goldman Sachs: The Culture of Successandlt;/Iandgt; tells the story of Wall Street's last major partnership through the prism of this culture -- loyal, patient, rich, secretive and ultimately anachronistic....Lisa Endlich, formerly a foreign exchange trader at Goldman, is right to focus on the culture, because everything the firm did right flowed from its ethos of teamwork and from its studied patience.
Review
Roger Lowenstein
The Wall Street Journal
Goldman Sachs: The Culture of Success tells the story of Wall Street's last major partnership through the prism of this culture -- loyal, patient, rich, secretive and ultimately anachronistic....Lisa Endlich, formerly a foreign exchange trader at Goldman, is right to focus on the culture, because everything the firm did right flowed from its ethos of teamwork and from its studied patience.
Review
Richard Bernstein andlt;Iandgt;The New York Timesandlt;/Iandgt; The transformation of an immigrant peddler's operation into a multibillion-dollar-a-year financial institution is an American classic, and Ms. Endlich describes its various stages with an insider's expertise....Fascinating.
Review
E. William Smethurst, Jr. andlt;Iandgt;Chicago Tribuneandlt;/Iandgt; Excellent....An engrossing and fair-minded study of America's premier investment house.
Synopsis
Goldman Sachs, the nation's leading investment firm, with a solid-gold reputation and a first-class list of clients, began as a family business in a lower Manhattan basement in 1869. The secrets behind the remarkable success of Goldman Sachs since then are revealed in unprecedented depth in this fascinating and authoritative narrative history of the firm. andlt;BRandgt; Former Goldman Sachs vice president Lisa Endlich draws on her insider's knowledge and access to all levels of management to bring to life a unique company that has long held its mystique intact. The most stunning accomplishments in modern American finance are explored through the story of how Goldman Sachs reached its summit. andlt;BRandgt; andlt;Iandgt;Goldman Sachs: The Culture of Successandlt;/Iandgt; provides a rare and revealing look inside an institution -- until recently the last private partnership on Wall Street -- and inside the financial world at its highest levels. Included here, in a new chapter, is a first look at the history behind the firm's landmark initial public offering.
Synopsis
Goldman Sachs, the nation's leading investment firm, with a solid-gold reputation and a first-class list of clients, began as a family business in a lower Manhattan basement in 1869. The secrets behind the remarkable success of Goldman Sachs since then are revealed in unprecedented depth in this fascinating and authoritative narrative history of the firm.
Former Goldman Sachs vice president Lisa Endlich draws on her insider's knowledge and access to all levels of management to bring to life a unique company that has long held its mystique intact. The most stunning accomplishments in modern American finance are explored through the story of how Goldman Sachs reached its summit.
Goldman Sachs: The Culture of Success provides a rare and revealing look inside an institution -- until recently the last private partnership on Wall Street -- and inside the financial world at its highest levels. Included here, in a new chapter, is a first look at the history behind the firm's landmark initial public offering.
Description
Includes bibliographical references (p. 291-309) and index.
About the Author
andlt;Bandgt;Lisa Endlichandlt;/Bandgt; holds master's degrees from MIT in management and in urban planning, and was a vice president and foreign exchange trader for Goldman Sachs. She was raised in Los Angeles and lives in England with her husband and their three children.
Table of Contents
andlt;BRandgt;andlt;Bandgt;Contentsandlt;/Bandgt;andlt;BRandgt;andlt;BRandgt;Author's Noteandlt;BRandgt;andlt;BRandgt;Chapter I. 1986: The Road Less Traveled andlt;BRandgt;andlt;BRandgt;Chapter II. 1869-1976: The Family Firm andlt;BRandgt;andlt;BRandgt;Chapter III. 1976-1990: The World-Class Player andlt;BRandgt;andlt;BRandgt;Chapter IV. 1990-1991: The Changing of the Guard andlt;BRandgt;andlt;BRandgt;Chapter V. 1992-1993: The Pinnacle andlt;BRandgt;andlt;BRandgt;Chapter VI. 1994: The Curse of Success andlt;BRandgt;andlt;BRandgt;Chapter VII. 1995-1998: The Road to IPO andlt;BRandgt;andlt;BRandgt;1999: The Initial Public Offering andlt;BRandgt;andlt;BRandgt;Notes andlt;BRandgt;andlt;BRandgt;Bibliography andlt;BRandgt;andlt;BRandgt;Acknowledgments andlt;BRandgt;andlt;BRandgt;Index