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Investment bank Goldman Sachs was, until 1998, Wall Street's last major private partnership, and significantly more profitable than any of its publicly-owned competitors. How it sustained this success for most of its 129 years has for decades intrigued financial players and pundits. In this study, the company's history and mystique are examined by a former Goldman Sachs vice-president. Endlich traces the rise and development of the firm in the context of its prevailing concept: People and Culture. She documents how close client-contact, teamwork and focus on long-term profitability over...

Former Goldman Sachs Vice President Lisa Endlich draws on an insider's knowledge to bring to life this unique company and the most stunning accomplishments in modern American finance.

The history, mystique, and remarkable success of Goldman Sachs, the world's premier investment bank, are examined in unprecedented depth in this fascinating and authoritative study.

The firm's spectacular ascent is traced in the context of its tenacious grip on its core values. Endlich shows how close client contact, teamwork, focus on long-term profitability rather than short-term opportunism, and the...