I feel like people are, no, thattey expect from these books a to basically be a, aa deeplya investigated and academic. And the reality is that if you know any, any history i've read of goldman, or any of these banks, or american banking in general, you can get sordid details,. You can sort of learn about the dated days of yourin en schemes instead of political manoeuvrings. How much of it really sticksa and how you are able to string it together into a wider narrative is difficult. I'm not that surprised that this gy like, wrotea, a book. On some level, is bats basically actual bragging about how
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As a $60 billion a year investment bank engaged in market making and asset management for equities, fixed income, commodity and derivative securities for large institutional clients, Goldman Sachs, having been founded in 1869, is arguably the world’s most recognizable name on Wall Street. Known for attracting some of the best financial talent, it is both respected and feared, in some cases being accused of “ripping their clients off” in the relentless pursuit of profits. Defenders of firms like Goldman Sachs make a big deal about how they’re instrumental in the efficient allocation of (financial) capital, but one could argue the concentration of highly intelligent and motivated individuals operating what amounts to a glorified casino is a gross misallocation of human capital, robbing other critical sectors of talent that would otherwise have gone to engineering real solutions, not financial ones.
