Money and Power
How Goldman Sachs Came to Rule the World
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Author:
Cohan, William D.
Title:
Money and power
how Goldman Sachs came to rule the world
how Goldman Sachs came to rule the world
Publisher:
Doubleday
Alternate Title:
How Goldman Sachs came to rule the world
Imprint:
New York - Doubleday
Pages:
658
Edition:
1st ed
ISBN:
9780385523844, 038552384X
Language:
English
Awards & Distinctions:
Business & economics
Notes:
Includes bibliographical references (p. [615]-630) and index
The Pyrrhic victory -- A family business -- The apostle of prosperity -- The politician -- The value of friendship -- "What is inside information?" -- The biggest man on the block -- Caveat emptor -- The Goldman way -- A formula that works -- Goldman sake -- Busted -- Money -- Power -- The college of cardinals -- $10 billion or bust -- The glorious revolution -- It's too much fun being CEO of Goldman Sachs -- Alchemy -- Getting closer to home -- The fabulous fab -- Selling to widows and orphans -- Meltdown -- Goldman gets paid -- God's work
The Pyrrhic victory -- A family business -- The apostle of prosperity -- The politician -- The value of friendship -- "What is inside information?" -- The biggest man on the block -- Caveat emptor -- The Goldman way -- A formula that works -- Goldman sake -- Busted -- Money -- Power -- The college of cardinals -- $10 billion or bust -- The glorious revolution -- It's too much fun being CEO of Goldman Sachs -- Alchemy -- Getting closer to home -- The fabulous fab -- Selling to widows and orphans -- Meltdown -- Goldman gets paid -- God's work
Statement of responsibility:
William D. Cohan
Characteristics:
x, 658 p. ;,25 cm
Author (Original Script):
Cohan, William D.
Library Identifier
2637105
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Add a CommentSo Far this book has informed me of what happened during the 2007 - 2008 financial crisis surrounding abacus and other financial engineered products broght to market by Goldman Sachs and others. The book is a must read for anyone who wants to know why the crisis came to be and who is to blame. The book addresses another good question and that is How can we trust our investment banks when they behave like this. Recommended read for anyone investing in low risk securities but was likewise seriously damaged and wants to know what the hell happened. Interstingly, only Bernard Madoff went to jail and his deeds did not freeze the markets Goldman sachs deeds did.
This book took patience to read. Even though it is interesting, it is fact- filled and dense. Not a good choice for a casual read.