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.
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. 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. E. William Smethurst, Jr. Chicago Tribune Excellent....An engrossing and fair-minded study of America's premier investment house. Richard Bernstein The New York Times 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.