Vinam do yeter: Goldman gets involved in a lot ofst schemes, including securing financing for woldwor to in the korean war. They also become the a leaddviser to ford's ipo in 19 56. This was in this where goldman really starts to show its strength as an investment banking operationa and they relying on a lot of the techniques they had grafted in the 19 tens in the twenties.
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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.
