People are pretty simple: they do what they are rewarded for doing. If they get multimillion-dollar bonuses by taking huge risks with other people's money - as they still do - then they will continue to take those huge risks,… — William D. Cohan Copy Share Image
The dirty little secret of what used to be known as Wall Street securities firms-Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear… — William D. Cohan Copy Share Image
Because I wrote a book about Goldman Sachs. And I know that, from talking to people at Goldman Sachs, that Trump is the poster… — William D. Cohan Copy Share Image
“Despite the ongoing risks, during great swaths of its mostly charmed 142 years, Goldman Sachs has been both envied and feared for having the… — William D. Cohan Copy Share Image
People are pretty simple: they do what they are rewarded for doing. If they get multimillion-dollar bonuses by taking huge risks with other people's… — William D. Cohan Copy Share Image
Having worked at four separate Wall Street firms, having seen a variety of talent at those places, and having competed against Goldman as a… — William D. Cohan Copy Share Image
Generally speaking, they have as many stars as other firms, but they are low-key about it, because that's not the Goldman way, but their… — William D. Cohan Copy Share Image
