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The Partnership
For the proud Sachs family, the failure of Goldman Sachs Trading Corporation became a very public humiliation. In 1932, Eddie Cantor, the popular comedian and one of forty-two thousand investors in Goldman Sachs trading Corporation, sued Goldman Sachs for one hundred million dollars while regularly including in his vaudeville routine bitter jokes about the firm. One: "They told me to buy the stock for my old age...and it worked perfectly...Within six months, I felt like a very old man!"
That is from the new Charles D. Ellis book The Partnership: The Making of Goldman Sachs. So far this book is a very good history and it has more economic and historic substance than The Snowball.
Posted by Tyler Cowen on October 8, 2008 at 07:51 AM in Books, History | Permalink
Comments
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Posted by: aion kina at Mar 18, 2009 2:31:16 AM
perhaps you can use the book
Posted by: tom at May 14, 2009 10:19:41 PM
Every success is based on continuous efforts. It is not possible be done over nigh. so have a lot of people read the books
Posted by: kyle at May 14, 2009 10:20:33 PM
Did I see this kind article before?
Posted by: hellen at May 14, 2009 10:21:05 PM
