TXT When Money Was In Fashion: Henry Goldman, Goldman Sachs, and the Founding of Wall Street by June Breton Fisher book epub online
TXT When Money Was In Fashion: Henry Goldman, Goldman Sachs, and the Founding of Wall Street by June Breton Fisher book epub onlineBook description
Book description
June Breton Fisher the granddaughter of Henry Goldman, who founded Goldman Sachs, provides an intimate look into the life of her grandfather and the way in which he invented Wall Street. This book contains many fascinating accounts of the early days of Wall Street, the trials of an immigrant, the lifestyle of the new rich class in the post Gilded Age world and a look at how Americas financial potential was shaped. There are few books that offer such a close view to how the company was formed and a look at the man who did it. The book is very easy to read and provides an almost diary overview of the life of Henry Goldman showing all of the talents he had in the creation of a new way to make money. Not the ponzi schemes or scandals of todays Wall Street but a way to develop assessments of a companies financial health such as a P/E ratio. The biggest complaint about this book comes in two areas. The first that there are long tangents that have very little to do with the actual topic itself and get deep into World War II history with no real relevant tie in other than the participants being German like Henry Goldman. The second is the lack of sources that are readily identifiable. A bibliography of further readings would be very helpful and crystallize an interesting narrative. Overall for those who want a personal look at how Wall Streets rise came about this is a great place to start.
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