Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    Henry Goldman: Goldman Sachs and the Beginning of Investment Banking
    Unavailable
    Henry Goldman: Goldman Sachs and the Beginning of Investment Banking
    Unavailable
    Henry Goldman: Goldman Sachs and the Beginning of Investment Banking
    Ebook27 pages36 minutes

    Henry Goldman: Goldman Sachs and the Beginning of Investment Banking

    By Titans of Fortune Publishing

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    Henry Goldman is arguably the founder of investment banking as we know it today. In 1906 he began diverting his father’s company from a bank specializing in commercial paper into a Wall Street firm that helped enterprises expand operations by raising the capital they needed through the sale of their shares to the public. He was ethical, conscientious, a first-rate investor and an aggressive risk-taker. Above all he was a visionary and the creative genius who revolutionized Goldman Sachs.
    By year end 2007, prior to the Great Recession, Goldman Sachs had become one of the most admired financial firms on Earth with former partners serving in the most coveted financial posts worldwide from Chairman of the Federal Reserve Bank, Secretary of the Treasury, and President of the World Bank to lesser positions such as chief operating officer of the SEC’s enforcement division or head of the Troubled Asset Relief Program (TARP). However, after the Great Recession of 2008 began, many attributed the world’s economic ills to Goldman Sachs and other Wall Street firms.
    The question is what Henry Goldman would have thought about the Goldman Sachs of today and what he would have said or done. Author Daniel Alef traces the Goldman Sachs story and the role Henry Goldman played in its evolution. This is the story of the beginning of IPOs, how Henry led Goldman Sachs, Lehman Brothers and Kleinort, Sons & Co. in London into taking public companies previously ignored by financial firms, including Sears Roebuck, Woolsworth, Studebaker, Cluett Peabody--117 companies in total. It was a tectonic shift in the world of finance. This is the fascinating tale of a very private man who supported the arts and sciences—a close friend of Albert Einstein, Yehudi Menuhin and many others—a man with his own take on World War I, and the ultimate, intractable breach between the Goldman and Sachs families. [10,067-word Titans of Fortune article, including a timeline, bibliography and video links]
    LanguageEnglish
    PublisherTitans of Fortune Publishing
    Release dateJan 5, 2011
    Unavailable
    Henry Goldman: Goldman Sachs and the Beginning of Investment Banking

    Related to Henry Goldman

    Related ebooks

    Related podcast episodes

    Related articles

    • Article

      Overreachers

      Apr 26, 2022

      Overreachers
      4 min read

    • Article

      Profits Of Doom

      Oct 12, 2018

      Profits Of Doom
      7 min read

    • Article

      THE MELLONS ICONS of WEALTH and INFLUENCE

      Feb 27, 2024

      Walk the streets of New York and you’ll pass by Carnegie Hall, One Vanderbilt, Rockefeller Center, and the Waldorf Astoria, structures ensuring the continued legacy of their Gilded-era heirs, headquartered at 240 Greenwich Street—may be slightly hard

      6 min read

    • Article

      Lessons From Billionaires

      Apr 17, 2020

      Lessons From Billionaires
      9 min read

    • Article

      Risky Business

      Dec 23, 2020

      Risky Business
      2 min read

    • Article

      The Price of Time: The Real Story of Interest

      Jun 29, 2022

      Allen Lane £25 For those who work in finance or markets, the most important price – the biggest number of all – is the interest rate the United States Federal Government pays to borrow. Currently about 3 per cent, it was depressed to a record low dur

      3 min read

    • Article

      The Fed-Wall St complex

      Apr 5, 2024

      The Fed-Wall St complex
      2 min read

    • Article

      A Financial Mastermind

      Oct 20, 2020

      A Financial Mastermind
      8 min read

    • Article

      In A Nutshell

      Sep 1, 2022

      WHAT WAS THE SOUTH SEA BUBBLE? The South Sea Bubble was a period of speculation frenzy and collapse on the British stock market, revolving around the fate of a single company. For years, the South Sea Company had been at the centre of a complex and t

      4 min read

    • Article

      'Dark Towers' Chases Scandal-Ridden Deutsche Bank's Mysterious Ties To Donald Trump

      Feb 18, 2020

      President Trump's relationship with Deutsche Bank is still under investigation, so David Enrich's story is necessarily incomplete. But he shows the bank's tale is complex — more than one gone rogue.

      2 min read

    • Article

      The Worst Trades In History… William Duer Buys Banks

      Nov 25, 2022

      William Duer was born in Devon in 1743. After Eton he served as an aide-de-camp to Lord Robert Clive, Governor of the East India Company, before inheriting money and land in Dominica upon his father’s death. In 1768 he visited New York on business an

      1 min read

    • Article

      Hidden Figures

      Dec 13, 2023

      Hidden Figures
      10 min read

    • Article

      Profits Of Doom

      Apr 5, 2018

      Profits Of Doom
      7 min read

    • Article

      From The Editor...

      Dec 8, 2023

      From The Editor...
      2 min read

    • Article

      The Faces Of 2022

      Dec 23, 2022

      As falls from grace go, it’s hard to think of one more spectacular than that of Sam Bankman-Fried. As recently as June, the 30-year-old FTX founder was being hailed as the “JP Morgan of millennials”. SBF, as he was universally known, was even rumoure

      3 min read

    • Article

      Surviving A Financial Crisis

      Oct 5, 2018

      Surviving A Financial Crisis
      12 min read

    • Article

      The Big Breakup

      Dec 13, 2023

      The Big Breakup
      10 min read

    • Article

      But What About STEINHOFF?

      Oct 4, 2020

      But What About STEINHOFF?
      3 min read

    Reviews for Henry Goldman

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words