Chasing Goldman Sachs
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Author: Suzanne McGee
Full Title: Chasing Goldman Sachs: How the Masters of the Universe Melted Wall Street Down...And Why They'll Take Us to the Brink Again
Genre: Finance / Economics / Non-fiction
Chasing Goldman Sachs delves into the transformation of Wall Street from a system designed to generate capital and support economic growth into one driven by short-term profits and self-interest. Suzanne McGee examines how "Goldman Sachs envy" led rival firms to emulate Goldman's high-risk strategies, ultimately contributing to the financial crisis. Through thorough research and interviews, the book explores the systemic issues and cultural shifts that allowed such risky behaviors to flourish, highlighting the need for meaningful reform to prevent future economic turmoil.