The Partnership: The Making of Goldman Sachs [FIRST EDITON, FIRST PRINTING]

Ellis, Charles D.

Published by The Penguin Press, New York, 2008

About this Item

As new condition ivory boards, silver gray spine, and gold spine lettering contained in an as new condition non price-clipped color photographic dust jacket. Includes Lists of Other Books by Charles D. Ellis; Author Dedication; Introduction; Afterword; Acknowledgments; Notes and Index. "With unparalleled access to the firm's leadership, The Partnership: The Making of Goldman Sachs chronicles the brilliant individuals who built one of the world's largest investment banks. Goldman Sachs is the most profitable and powerful investment bank in in the world today. Fifty years ago it was a marginal family firm with limited prospects. How did it ascent to leadership in Europe, Asia, North and South America; make many, many partners fabulous fortunes; and become the leader in IPOs, M&A, foreign exchange, bond dealing, stockbrokerage, derivatives, hedge funds, commodities, private equity, and real estate? As a strategy consultant to Goldman Sachs for more than thirty years, Charles D. Ellis developed close relationships with many of the firm's past and present leaders. In The Partnership he probes deeply into the most important chapters in the firm's history, revealing the key events and decisions that tell the colorful, character-driven story of how Goldman Sachs became what it is today. The Partnership reveals the great personalities who sowed the seeds of Goldman Sachs's success: from Sidney Weinberg, a junior high school dropout with a flair for markets; to Gus Levy, who brough a ferocious intensity to every part of every workday; to John Whitehead, who reinvented investment banking, redesigned the firm, and wrote the core values that defined a culture of teamwork in serving clients; to the unpretentious John Weignberg, who was the quintessential relationship banker of his era; to Robert Rubin and Hank Paulson, who both became secretary of the treasury; to Governor Jon Corzine; and finally to the current CEO and chairman of Goldman Sachs, Lloyd Blankfein. Starting as a sole proprietorship dealing in commercial paper in the mid-nineteenth century, Goldman Sachs became an innnovative underwriter, struggled to survive the crash and Depression, and overcame a full set of dramatic perils including Penn Central's bankruptcy, Robert Maxwell's abusive frauds, insider trading scandals, and the subprime-mortgage meltdown. Ellis demonstrates how the firm's core values, intensive recruiting, entrepreneurial creativity, and disciplined risk taking -- incorporating technology and hard work -- multiplied the firm's resources and profits, and magnified its power until it became today's Goldman Sachs: one of the most successful business organizations in the world." -- from the inner front and rear jacket flaps.

Seller Inventory # 007272

Bibliographic Details

• Title: The Partnership: The Making of Goldman Sachs [FIRST EDITON, FIRST PRINTING]
• Publisher: The Penguin Press, New York
• Publication Date: 2008
• Binding: Hardcover
• Edition: 1st Edition
• Condition: As New
• Dust Jacket Condition: As New