Product Description

Despite financial turmoil, Goldman Sachs remain the leading investment bank in their field. They are notorious for their unique management culture, unorthodox recruiting techniques – and for their secrecy. In The Partnership Charles Ellis reveals their story. With unparalleled access to the leadership of this famously close-knit firm, Ellis investigates the brilliant individuals who turned a marginal family business into a global powerhouse, weathering recession, scandal and disaster on the way. Among them are high school dropout and financial genius Sidney Weinberg, maverick reinventor John Whitehead, former US treasury secretary Hank Paulson and working-class New Yorker turned current CEO, Lloyd Blankfein. The Partnership reveals the shared values of intensive recruitment, discipline and talent that have tied Goldman Sachs’s people together – and made it a survivor.

Product Details

• Amazon Sales Rank: #14032 in Books
• Published on: 2009-11-05
• Original language: English
• Binding: Paperback
• 768 pages

Review
An important new history shows that the American investment bank is no stranger to adversity --The Economist

Review
Engaging history of the company

Review
His publisher will probably sell as many copies as they can print.

Customer Reviews

In a league of its own
Charles D. Ellis does an excellent job in recounting the history of Goldman Sachs. Rather than following its history chronologically the author tells it through the company's partners and learning experiences such as Penn Central's bankruptcy, Robert Maxwell and Long-term Capital Management to name just three of them plus of course the things Goldman Sachs has developed and does really well. The company's decision to list or not to do so is covered quite extensively with all sides and opinions of the argument being looked at. Goldman Sachs and the ongoing financial crisis is not covered in the book but I wouldn't be at all surprised if the author decides to write an up-date once the dust from this on-going event has settled.
What makes this book rather interesting reading is not so much that the author worked as a strategy consultant for Goldman Sachs but that the firm agreed to give him full and uncensored access to everyone so that this book is a real inside story and not just a corporate history.