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Article: Goldman Sachs: The Culture of Success. (Book Reviews).(Book Review)
- Article from:
- Business History
- Article date:
- July 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Frank Cass & Company Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LISA ENDLICH, Goldman Sachs: The Culture of Success (New York: Touchstone Books, 2000. Pp.320. ISBN 0 6848 6968 3, $14).
Goldman Sachs is one of the world's most prestigious and powerful investment banks. It has been the training ground for senior US Treasury officials like Robert Rubin and countless senior businessmen (and some women). By size, Goldman Sachs is roughly the size of the Russian Federation with assets amounting to $312 billion in 2001 (compared to Russia's GDP of $309 billion). And these assets have been used quite influentially--such as during the 1992 speculative attacks on the British pound. As a 'vector of global financial and informational ...