Books Online Why I Left Goldman Sachs: A Wall Street Story Download Free
Define Books Conducive To Why I Left Goldman Sachs: A Wall Street Story
ISBN: | 1455598860 (ISBN13: 9781455598861) |
Edition Language: | English |
Greg Smith
Paperback | Pages: 380 pages Rating: 3.7 | 2640 Users | 263 Reviews

Mention About Books Why I Left Goldman Sachs: A Wall Street Story
Title | : | Why I Left Goldman Sachs: A Wall Street Story |
Author | : | Greg Smith |
Book Format | : | Paperback |
Book Edition | : | Deluxe Edition |
Pages | : | Pages: 380 pages |
Published | : | October 26th 2012 by Grand Central Publishing (first published October 24th 2010) |
Categories | : | Nonfiction. Business. Economics. Finance. Biography. Autobiography. Memoir. Biography Memoir |
Narration As Books Why I Left Goldman Sachs: A Wall Street Story
On March 14, 2012, more than three million people read Greg Smith's bombshell Op-Ed in the New York Times titled "Why I Am Leaving Goldman Sachs." The column immediately went viral, became a worldwide trending topic on Twitter, and drew passionate responses from former Fed chairman Paul Volcker, legendary General Electric CEO Jack Welch, and New York City mayor Mike Bloomberg. Mostly, though, it hit a nerve among the general public who question the role of Wall Street in society -- and the callous "take-the-money-and-run" mentality that brought the world economy to its knees a few short years ago. Smith now picks up where his Op-Ed left off.His story begins in the summer of 2000, when an idealistic 21-year-old arrives as an intern at Goldman Sachs and learns about the firm's Business Principle #1: Our clients' interests always come first. This remains Smith's mantra as he rises from intern to analyst to sales trader, with clients controlling assets of more than a trillion dollars.
From the shenanigans of his summer internship during the technology bubble to Las Vegas hot tubs and the excesses of the real estate boom; from the career lifeline he received from an NFL Hall of Famer during the bear market to the day Warren Buffett came to save Goldman Sachs from extinction-Smith will take the reader on his personal journey through the firm, and bring us inside the world's most powerful bank.
Smith describes in page-turning detail how the most storied investment bank on Wall Street went from taking iconic companies like Ford, Sears, and Microsoft public to becoming a "vampire squid" that referred to its clients as "muppets" and paid the government a record half-billion dollars to settle SEC charges. He shows the evolution of Wall Street into an industry riddled with conflicts of interest and a profit-at-all-costs mentality: a perfectly rigged game at the expense of the economy and the society at large.
After conversations with nine Goldman Sachs partners over a twelve-month period proved fruitless, Smith came to believe that the only way the system would ever change was for an insider to finally speak out publicly. He walked away from his career and took matters into his own hands. This is his story.
Rating About Books Why I Left Goldman Sachs: A Wall Street Story
Ratings: 3.7 From 2640 Users | 263 ReviewsWrite-Up About Books Why I Left Goldman Sachs: A Wall Street Story
This book is terrible. A quick summary would read like this:I did really, really good in school and got into Stanford.I did really, really well at Stanford and worked really, really hard and got an internship at GoldmanI worked really, really hard at Goldman and got promoted.I worked really, really hard at Goldman, aligned myself with the right people and got promoted again.I kept working really really hard... and aligning my self with the right people, and I didn't really like where theVery succinct introduction into the transition that many trading floors went through between the late '90s and today. The author is very evidently biased towards his views which deters from the effectiveness of the book, however an enjoyable read nonetheless.
Trying to learn, albeit later in life, what the world of investing is all about, I listened to Jack Bogle's Little Book of Common Sense on Investing -- twice. After that as introduction, I thought I'd give Greg Smith's audiobook a hearing as a follow-up. Why I Left Goldman Sachs turned out to be a very complementary companion read. The story is autobiographical, told by a gifted, recently graduated (Stanford, circa 2000), covering his 10+ years with GS. Smith is quite candid about both what

This book is terrible. A quick summary would read like this:I did really, really good in school and got into Stanford.I did really, really well at Stanford and worked really, really hard and got an internship at GoldmanI worked really, really hard at Goldman and got promoted.I worked really, really hard at Goldman, aligned myself with the right people and got promoted again.I kept working really really hard... and aligning my self with the right people, and I didn't really like where the
A great account of the author's (and the company's) journey as he joins GS as a Stanford graduate and climbs the rungs of corporate ladder, his fascination and awe of the GS culture and principles, and the eventual disillusionment as the company's and its people's fundamental priorities undergo a change. The narrative doesn't get boring at any point, I finished the book in couple of days. A great read for everybody who wishes to know more about the company.
For eight hours I was transported into the authors mind and felt that I knew what it was like to work at Goldman in the pre-crash era.
In March last year, Greg Smith published an article in the New York Times that outlined why he felt he could no longer work at Goldman Sachs. It went viral, becoming a trending topic on Twitter and there was even mention of it here in our own local newspaper. I remember it vividly because at the time I was deeply impressed - it is seldom that you see or hear of someone with this level of personal integrity. Smiths article revealed the unsettling changes within his organisation, his growing
0 Comments