Goldman Sachs (GS) has become iconic, attracting both superlatives and expletives. To members of Wall Street they are the pinnacle; to Rolling Stone Magazine they are “a great vampire squid wrapped around the face of humanity.” According to business author William Cohan, “The firm’s inexorable ...
A grand and revelatory portrait of Wall Street’s most storied investment bankWall Street investment banks move trillions of dollars a year, make billions in fees, pay their executives in the tens of millions of dollars. But even among the most powerful firms, Lazard Frères & Co. stood apart. Disc...
He received a call from Martin Whitman, a fund manager, and he suggested that he consider hiring Robert E. Rubin, the son of Alexander Rubin, a lawyer whom Whitman had known in New York. Bob Rubin was then working at Cleary Gottlieb, a New York law firm, but was considering a move to Wall Street....
Tommy Marano started full-time at Bear Stearns in May 1983, after graduating from Columbia College. A history major, Marano started at the firm on the equity syndicate desk, working on the basic underwriting of equity offerings for Fannie Mae, Freddie Mac, and Ginnie Mae. He liked reading and wri...