Title
When Money Was In Fashion: Henry Goldman, Goldman Sachs, And The Founding Of Wall Street
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This Epic Biography Tells The Story Of The Rise Of Wall Street And The Growth Of Goldman Sachs From A Small Commercial Paper Company To The International Banking Business We Know Today. At Its Heart Is The Story Of Henry Goldman, A Man Who Spoke Out Passionately For His Beliefs, Understood The Importance Of The Bottom Line, And Was Known To Chuckle, Draw On His Cigar, And Remind His Young Protgs, Just Keep In Mind . . . Money Is Always In Fashion.Though You Will Rarely Find A Mention Of Him In The Official History Of Goldman Sachs, It Was Henry Who Established Many Of The Practices Of Modern Investment Banking. He Devised The Plan That Made Sears, Roebuck Co. The First Publicly Owned Retail Operation In The World, Helped Convince Woodrow Wilson To Pass The Federal Reserve Act Of 1913, And Became A Power Player In The World Of Wall Street Finance At A Time When Jews Were Considered Outsiders.The Book Traces Henry Goldman'S Hardfought And Often Frustrating Career With Goldman Sachs, A Company Founded By His Father Marcus And Fraught With Professional Rivalries. The Tensions Between The Goldman And Sachs Families Extended Outside Of The Boardroom And Into The Larger World As The United States Went To War. Henry'S Steadfast Support For Germany During World War I Would Tarnish His Reputation And Drive Him From The Firm. But His Involvement With Finance Would Continue Throughout His Life, As Would Close Friendships With Luminaries Like Albert Einstein, Whom He Would Later Join In Outspoken Denunciation Of Hitler'S Atrocities Against European Jews.Here, June Breton Fisher, Henry Goldman'S Granddaughter, Tells His Whole Story For The First Timea Story That Has Shaped Contemporary Finance And Continues To Resonate With Us Today.
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- Q: What is the main focus of 'When Money Was In Fashion'? A: The book primarily focuses on Henry Goldman's life, detailing his significant contributions to the rise of Wall Street and the development of Goldman Sachs.
- Q: Who is the author of this biography? A: The biography is written by June Breton Fisher, who is Henry Goldman's granddaughter.
- Q: What are some key themes explored in the book? A: Key themes include the evolution of modern investment banking, the impact of World War I on finance, and the personal struggles of Henry Goldman within Goldman Sachs.
- Q: How many pages does the book contain? A: The book contains a total of 288 pages.
- Q: What is the publication date of this book? A: The book was published on April 27, 2010.
- Q: Is the book available in different formats? A: Yes, the book is available in hardcover format.
- Q: What is the condition of the book? A: The item condition is listed as 'Good'.
- Q: What type of reader would benefit from this biography? A: Readers interested in finance, history, and the evolution of Wall Street would find this biography particularly insightful.
- Q: Does the book include any historical context? A: Yes, it includes historical context regarding the founding of Goldman Sachs and the broader implications of Henry Goldman's actions during significant historical events.
- Q: What makes Henry Goldman a notable figure in finance? A: Henry Goldman is notable for his pivotal role in shaping investment banking practices and his influence on major financial events, despite often being overlooked in official histories.