What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and Its Unintended Consequences
Written by Steven G. Mandis
Narrated by Sean Runnette
4.5/5
()
About this audiobook
Steven G. Mandis
Steven G. Mandis is an adjunct associate professor in finance and economics at Columbia Business School, having previously worked at Goldman Sachs and Citigroup and as a senior advisor to McKinsey & Co. He also teaches at Columbia University’s Masters of Sports Management Program. He is the author of What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and its Unintended Consequences and The Real Madrid Way: How Values Created the Most Successful Sports Team on the Planet (2016).
Related to What Happened to Goldman Sachs
Related audiobooks
Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism Rating: 4 out of 5 stars4/5Barbarians at the Gate Rating: 4 out of 5 stars4/5Barbarians at the Gate: The Fall of RJR Nabisco Rating: 5 out of 5 stars5/5The Many Lives of Michael Bloomberg: Innovation, Money, and Politics Rating: 4 out of 5 stars4/5The Money Culture Rating: 4 out of 5 stars4/5Money Games: The Inside Story of How American Dealmakers Saved Korea's Most Iconic Bank Rating: 4 out of 5 stars4/5We Were Yahoo!: From Internet Pioneer to the Trillion Dollar Loss of Google and Facebook Rating: 4 out of 5 stars4/5Madoff with the Money Rating: 4 out of 5 stars4/5Chain Blame: How Wall Street Caused the Mortgage and Credit Crisis Rating: 5 out of 5 stars5/5All the Presidents' Bankers: The Hidden Alliances That Drive American Power Rating: 5 out of 5 stars5/5Good for the Money: My Fight to Pay Back America Rating: 4 out of 5 stars4/5Lights Out: Pride, Delusion, and the Fall of General Electric Rating: 5 out of 5 stars5/5Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself Rating: 4 out of 5 stars4/5Catching Lightning in a Bottle: How Merrill Lynch Revolutionized the Financial World Rating: 4 out of 5 stars4/5A Hedge Fund Tale of Reach and Grasp: ...Or What's a Heaven For Rating: 5 out of 5 stars5/5The Orange Code: How ING Direct Succeeded by Being a Rebel With a Cause Rating: 0 out of 5 stars0 ratingsUp Close and All In: Life Lessons from a Wall Street Warrior Rating: 5 out of 5 stars5/5In Too Deep: BP and the Drilling Race That Took it Down Rating: 5 out of 5 stars5/5The Man in the Arena: Vanguard Founder John C. Bogle and His Lifelong Battle to Serve Investors First Rating: 0 out of 5 stars0 ratingsThe Evolution a Corporate Idealist: Girl Meets Oil Rating: 4 out of 5 stars4/5Grinding It Out: The Making of McDonald's Rating: 4 out of 5 stars4/5Dear Mr. Buffett: What an Investor Learns 1,269 Miles from Wall Street Rating: 4 out of 5 stars4/5The Target Story: How the Iconic Big Box Store Hit the Bullseye and Created an Addictive Retail Experience Rating: 4 out of 5 stars4/5Anatomy of Greed: The Unshredded Truth from an Enron Insider Rating: 4 out of 5 stars4/5Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff Rating: 4 out of 5 stars4/5The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything Rating: 4 out of 5 stars4/5The AIG Story, + Website Rating: 4 out of 5 stars4/5Bitter Brew: The Rise and Fall of Anheuser-Busch and America's Kings of Beer Rating: 4 out of 5 stars4/5JPMorgan's Fall and Revival: How the Wave of Consolidation Changed America's Premier Bank Rating: 5 out of 5 stars5/5
Industries For You
Sam Walton: Made in America Rating: 4 out of 5 stars4/5Burn Book: A Tech Love Story Rating: 4 out of 5 stars4/5Be Our Guest: Perfecting the Art of Customer Service Rating: 4 out of 5 stars4/5The War Below: Lithium, Copper, and the Global Battle to Power Our Lives Rating: 5 out of 5 stars5/5All The Beauty in the World: The Metropolitan Museum of Art and Me Rating: 4 out of 5 stars4/5Setting the Table Rating: 5 out of 5 stars5/5AI Superpowers: China, Silicon Valley, and the New World Order Rating: 4 out of 5 stars4/5Franchise: The Golden Arches in Black America Rating: 4 out of 5 stars4/5Grinding It Out: The Making of McDonald's Rating: 4 out of 5 stars4/5Ringmaster: Vince McMahon and the Unmaking of America Rating: 4 out of 5 stars4/5Mind Your Mindset: The Science That Shows Success Starts with Your Thinking Rating: 4 out of 5 stars4/5Build: An Unorthodox Guide to Making Things Worth Making Rating: 5 out of 5 stars5/5The Kingdom of Prep: The Inside Story of the Rise and (Near) Fall of J.Crew Rating: 4 out of 5 stars4/5Network of Lies: The Epic Saga of Fox News, Donald Trump, and the Battle for American Democracy Rating: 4 out of 5 stars4/5Presto!: How I Made Over 100 Pounds Disappear and Other Magical Tales Rating: 5 out of 5 stars5/5Overdressed: The Shockingly High Cost of Cheap Fashion Rating: 4 out of 5 stars4/5To Pixar and Beyond: My Unlikely Journey with Steve Jobs to Make Entertainment History Rating: 5 out of 5 stars5/5Hoax: Donald Trump, Fox News, and the Dangerous Distortion of Truth Rating: 4 out of 5 stars4/5Glossy: Ambition, Beauty, and the Inside Story of Emily Weiss's Glossier Rating: 4 out of 5 stars4/5Secret Formula: The Inside Story of How Coca-Cola Became the Best-Known Brand in the World Rating: 4 out of 5 stars4/5Women's Work: The First 20,000 Years: Women, Cloth, and Society in Early Times Rating: 4 out of 5 stars4/5The Moral Case for Fossil Fuels Rating: 5 out of 5 stars5/5Ladies Who Punch: The Explosive Inside Story of "The View" Rating: 4 out of 5 stars4/5Strip Tees: A Memoir of Millennial Los Angeles Rating: 4 out of 5 stars4/5Artpreneur: The Step-by-Step Guide to Making a Sustainable Living From Your Creativity Rating: 3 out of 5 stars3/5All You Need to Know About the Music Business: 11th Edition Rating: 0 out of 5 stars0 ratings
Related categories
Reviews for What Happened to Goldman Sachs
19 ratings2 reviews
- Rating: 4 out of 5 stars4/5Stresses values and drift in those, from family style partnership and exploitation of partner pipe dream to more recently short term incentives driving decision making and increased risk taking and value drift
1 person found this helpful
- Rating: 5 out of 5 stars5/5Well worth reading, especially for the balanced approach of the author. In my view, having spent 35 years following the industry on Wall Street, the act of going public led to a fatal divorce between risk and reward, since the firms now had almost unlimited capital and no risk for the principals. Mandis goes further than this, pointing out the different focus when one is trading compared to doing banking. A solid contribution to the literature.