Money and Power: How Goldman Sachs Came to Rule the World. Part 1

On Wall Street there are many companies worth talking about, but none sparked as much envy and gossip as Goldman Sachs. In Goldman Sachs’s history, there are plenty of mysteries, but the biggest one is how the bank manages—year after year, in good times and bad—to earn enormous profits without revealing almost any of its secrets to anyone. Another equally astonishing detail is the firm belief of its employees that the company will overcome any obstacles in its way and come out with honor from any scandal. So what’s the secret? The skill of its specialists? Strong connections among the influential? Or a unique corporate culture where everyone stands for one, where the client’s interests are declared the top priority, and the firm defends the company’s interests even more fiercely than its own… Is Goldman Sachs really better than everyone else? It seems the author has found the answer to this question.

Money and Power. How Goldman Sachs seized power in the financial world. Part 2