William D. Cohan on the Rise and Fall of GE
Masters in Business
00:00
How Did Goldman Sachs Come to Rule the World?
Goldman Sachs is no longer trading below book value. Morgan Stanley has been much more successful at diversifying its business away from the volatile investment banking and trading businesses to more steady fee income. The Fed won't let Goldman merge with a big bank, like Bank of New York Mellon or something that doesn't have investment banking ties. David Solomon: Do we still think today, Goldman Sachs ruled the world?
Play episode from 01:25:21
Transcript
