Knowing the Tycoon
Title: Money and Power Author: William D. Cohan Publisher: Doubleday Price: $17.33 No. of pages: 672
William D. Cohan, the prize winning author of the ‘The Last Tycoons’ and ‘House of Cards’, has come up with the history of one of the most dominant and controversial investment bank, Goldman Sachs.
Golman Sachs has always boasted its ‘Goldman Way’ working in the financial industry. It acquired such business model by gathering the most refined talent of the industry and making them work towards the principles of greater good.
‘Money and Power’ is a product of Cohan’s remarkable hardwork of reviewing thousands of pages of government documents, court cases, SEC filings, Freedom of Information Act papers and conducting over 100 interviews with clients, competitors, regulators, current and former Goldman employees. The efforts have let Cohan to throw light on one of the strongest financial institution which has shown the ability to withstand severe financial crisis along with keeping its reputation and huge profits intact.
Cohan has presented Goldman Sachs with a reporter’s strong investigative instincts and a natural storytelling narrative command