Goldman once dominated Wall Street. In 2009, after the financial crisis, when most financial institutions were left reeling, Goldman had its best year ever. It appeared an
, one that could outsmart its rivals in even the toughest environments. But the last decade has been humbling for Goldman.with Goldman Sachs. We hear how the bank grew from a basement office selling promissory notes in downtown Manhattan to become the most revered name on Wall Street. Analyst Steven Chubak tells us when things changed for Goldman, and how it is trying to adapt. AndPatrick Foulis says the bank’s mystique is at odds with its “mediocre, pedestrian and humdrum” valuation.
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Source: News Formal (newsformal.com)
How do I go viral so that I can find a few people with even 8mins of free time in this pool of 400 million to read a few stories? Pls don't judge without reading, I am trying to find little help through my stories and a book for my family. Link in pinned tweet. Too much to ask?
it's simple, if Goldman is having a tough time, everyone is having a tough time.
Sags?
It sounds like an interesting episode! I'm looking forward to hearing more about the humbling of Goldman Sachs. podcast
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