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

Money and Power: How Goldman Sachs Came to Rule the World Download PDF eBook Money and Energy: How Goldman Sachs Came to Rule the World,

The bestselling creator of the acclaimed Home of Playing cards and The Final Tycoons turns his highlight on to Goldman Sachs and the controversy behind its success.
 
From the exterior, Goldman Sachs is an ideal firm. The Goldman PR machine loudly declares it to be smarter, extra moral, and extra worthwhile than all of its rivals. Behind closed doorways, nonetheless, the agency consistently straddles the line between battle of curiosity and reliable deal making, wields important affect over all ranges of presidency, and upholds a tradition of energy struggles and poisonous paranoia. And its intelligent guess in opposition to the mortgage market in 2007—unknown to its purchasers—could have made the monetary destroy of the Nice Recession worse. Money and Energy reveals the inside schemes which have guided the financial institution from its founding by means of its outstanding windfall throughout the 2008 monetary disaster. By means of intensive analysis and interviews with the inside gamers, together with present CEO Lloyd Blankfein, William Cohan constructs a nuanced, well timed portrait of Goldman Sachs, the firm that was too massive—and too ruthless—to fail.

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