Money and Power (118 page)

   phone system of,
4.1
,
5.1

   Pine Street offices of,
2.1
,
3.1
,
4.1
,
5.1
,
8.1

   
plans for successor to Friedman at

   
principal investing business of

   
principal equity business of

   private-equity business of,
12.1
,
14.1
,
15.1
,
18.1
,
21.1
,
22.1

   profit sharing at,
5.1
,
9.1
,
15.1

   profits of,
prl.1
,
prl.2
,
prl.3
,
prl.4
,
prl.5
,
prl.6
,
prl.7
,
1.1
,
7.1
,
7.2
,
7.3
,
8.1
,
9.1
,
9.2
,
9.3
,
10.1
,
12.1
,
12.2
,
14.1
,
14.2
,
15.1
,
15.2
,
15.3
,
15.4
,
16.1
,
17.1
,
17.2
,
22.1
,
22.2
,
22.3
,
22.4
,
24.1

   in proposed merger with AIG,
16.1
,
16.2

   
public relations fiascos at

   
punishing work schedule at

   
racial discrimination lawsuit against

   
return on equity of

   
risk-management committee of

   Sears IPO led by,
1.1
,
1.2
,
1.3
,
3.1
,
5.1

   SEC investigation of,
prl.1
,
prl.2
,
prl.3
,
prl.4
,
7.1
,
7.2
,
17.1

   secrecy of,
prl.1
,
prl.2
,
prl.3
,
7.1

   Securities Sales department of,
7.1
,
19.1
,
20.1

   Senate hearing on,
see
Senate, U.S., Goldman Sachs hearing of

   
seventy-fifth anniversary of

   sexual scandals at,
12.1
,
12.2
,
12.3
,
12.4
,
14.1
,
14.2

   
short term loans secured by

   in squeeze on AIG,
prl.1
,
prl.2
,
23.1

   stock prices of,
prl.1
,
prl.2
,
prl.3
,
2.1
,
2.2
,
2.3
,
2.4
,
2.5
,
2.6
,
2.7
,
2.8
,
17.1
,
17.2
,
17.3

   
strategic planning committee of

   
suicidal clients of

   TARP funds given to,
prl.1

   
teamwork at

   trading department of,
5.1
,
5.2
,
6.1
,
7.1
,
8.1
,
9.1
,
10.1
,
14.1
,
15.1
,
18.1
;
see also
Levy, Gustave Lehmann

   
in turn to bank holding company

   valuation of,
16.1
,
16.2
,
16.3
,
16.4

   
vulnerability of

   
Wall Street office of

   Water Street Corporate Recovery Fund of,
12.1
,
12.2
,
12.3
,
12.4

   
wave of retirements at

   
Wells notice received by

   World War I and,
1.1
,
2.1

   worst of 2008 financial crisis avoided by,
prl.1
,
prl.2
,
prl.3
,
prl.4
,
prl.5
,
18.1
,
22.1
,
23.1

   
see also
Goldman, Sachs & Co.; M. Goldman and Sachs; Senate, U.S., Goldman Sachs hearing at

Goldman Sachs, deals and underwriting of,
1.1
,
1.2
,
1.3
,
1.4
,
1.5
,
3.1
,
4.1
,
4.2
,
4.3
,
7.1
,
10.1

   
of AT&T bonds

   of bonds,
7.1
,
8.1

   British Petroleum,
12.1
,
12.2

   in business with Lehman Brothers,
1.1
,
1.2
,
4.1
,
4.2

   Facebook stock,
prl.1
,
2.1

   
failures of

   
with General Foods

   gold coins traded by,
1.1
,
1.2

   insider trading and,
prl.1
,
2.1
,
2.2
,
5.1
,
11.1
,
11.2
,
12.1
,
12.2
,
12.3
,
14.1
,
14.2

   
ITT Corporation sale

   
KKR

   with LTCM,
16.1
,
16.2
,
16.3
,
16.4

   M&A deals of,
7.1
,
7.2
,
9.1
,
9.2
,
12.1
,
12.2
,
12.3
,
14.1
,
14.2
,
16.1
,
17.1
,
17.2

Goldman Sachs, deals and underwriting of

   Maxwell and,
14.1
,
14.2
,
14.3
,
15.1
,
15.2
,
15.3

   May Department Stores,
1.1
,
1.2
,
4.1

   Mill Factors Corporation deal,
6.1
,
7.1
,
7.2
,
7.3

   
in 1970

   
N. J. Schloss loan of

   of Penn Central,
6.1
,
7.1
,
7.2
,
7.3
,
7.4
,
7.5
,
7.6
,
8.1
,
10.1
,
12.1
,
14.1
,
14.2
,
18.1

   
Pillsbury’s mortgage bonds and

   with RCA and GE,
10.1
,
10.2

   
for Sinclair Oil

   
Studebaker trade

   with Sumitomo,
10.1
,
12.1
,
12.2

Goldman Sachs, mortgage backed securities traded by,
10.1
,
10.2
,
12.1
,
12.2
,
18.1
,
18.2
,
21.1
,
22.1
,
22.2

   “big short” of,
prl.1
,
prl.2
,
prl.3
,
prl.4
,
prl.5
,
prl.6
,
19.1
,
19.2
,
19.3
,
20.1
,
21.1
,
21.2
,
21.3
,
21.4
,
21.5
,
21.6
,
22.1
,
22.2
,
22.3
,
22.4
,
23.1
,
23.2

   CDOs of,
prl.1
,
prl.2
,
19.1
,
19.2
,
19.3
,
19.4
,
19.5
,
20.1
,
20.2
,
20.3
,
20.4
,
20.5
,
21.1
,
21.2
,
21.3
,
21.4
,
21.5
,
21.6
,
21.7
,
21.8
,
21.9
,
22.1
,
22.2
,
22.3
,
22.4
,
22.5
,
22.6
,
22.7
,
22.8
,
23.1
,
24.1

   CDSs and,
18.1
,
18.2
,
19.1
,
19.2
,
20.1
,
20.2
,
20.3
,
21.1
,
21.2
,
23.1

   GSAMP deal of,
18.1
,
18.2
,
18.3
,
18.4
,
19.1
,
19.2
,
19.3
,
19.4
,
19.5
,
20.1
,
21.1

   hedging of,
18.1
,
18.2
,
18.3
,
19.1
,
19.2
,
20.1
,
20.2
,
20.3
,
21.1
,
21.2
,
22.1
;
see also
“big short”

   marking down of,
22.1
,
22.2

   
Massachusetts’s investigation of

   
Mississippi’s investigation of

   residential (RMBS),
19.1
,
21.1
,
21.2
,
21.3
,
22.1
,
22.2
,
22.3
,
22.4

   
subprime

Goldman Sachs Asia

Goldman Sachs Asset Mangement

Goldman Sachs Fellowship

Goldman Sachs Trading Corporation,
2.1
,
2.2
,
2.3
,
3.1
,
3.2
,
3.3
,
4.1
,
5.1
,
8.1
,
9.1

   stock prices of,
2.1
,
2.2
,
2.3
,
2.4
,
2.5
,
2.6
,
2.7

Goldman Sachs: The Culture of Success
(Endlich),
10.1
,
12.1

Goldman v. United States
,
prl.1

gold standard

Gordon, Albert

Gorter, James,
14.1
,
14.2
,
15.1

grain

Grand Central Terminal,
7.1
,
7.2

Granite Capital International Group

Grannin, Chuck

Grassley, Charles

Grasso, Richard,
17.1
,
17.2

Gray, Harry

Great Britain,
1.1
,
14.1
,
14.2

Great Crash, The
(Galbraith),
2.1
,
2.2
,
2.3
,
2.4
,
2.5

Great Depression,
prl.1
,
2.1
,
2.2
,
4.1
,
4.2
,
5.1
,
6.1
,
6.2
,
8.1
,
9.1
,
13.1
,
14.1
,
24.1

   
Goldman Sachs’s strategy for

Greatest Trade Ever, The
(Zuckerman),
19.1

Great Recession

Greenberg, Maurice R. “Hank,”
16.1
,
23.1

Greenberger, Michael

Greenhill, Bob,
3.1
,
9.1

GreenPoint Mortgage Funding, Inc.

“green sheets”

Greenspan, Alan,
16.1
,
18.1

Gregory, Hamilton W., III

Gregory & Sons

Greywold Capital

Groysberg, Boris

GSAMP TRUST 2006–S2,
18.1
,
18.2
,
18.3
,
18.4
,
18.5
,
19.1
,
19.2
,
19.3
,
19.4
,
19.5
,
20.1
,
21.1

GSAMP TRUST 2006–S3

Guaranty Bank

Guggenheim, Peggy

Gump, Akin

Ha, Olivia

Habayeb, Elias,
23.1
,
23.2

Hagan, Joe

Haire, John

Haiti

Haldeman, H. R.

Hall, Perry

Hallingby, Paul

Halsey Stuart & Co.

Hamilton, Fowler

Hammerslough, Samuel

Hammerslough, William

Hancock, John,
4.1
,
4.2

Hanna, Charlotte

Hanson, Lord James

Hanson Trust PLC

Harbinger Capital Partners

Harris, J. Ira

Harvard Business School,
3.1
,
4.1
,
4.2
,
7.1
,
7.2
,
8.1
,
8.2
,
8.3
,
8.4
,
9.1
,
14.1
,
16.1
,
17.1
,
17.2
,
17.3

Harvard Crimson
,
3.1
,
5.1

Harvard Law School

Harvard University,
prl.1
,
1.1
,
1.2
,
1.3
,
1.4
,
2.1
,
2.2
,
2.3
,
3.1
,
6.1
,
9.1
,
10.1
,
13.1
,
18.1

Hasbro

Hawaii,
12.1
,
14.1

health care

Heckscher, August

hedge funds,
2.1
,
14.1
,
15.1
,
16.1
,
19.1
,
20.1

   
see also specific
hedge funds

hedging

   
against bond prices

   
against currency risk

   
see also
“big short”

Henkel, David

Herrick, Darryl

Hertzberg, Daniel,
11.1
,
11.2
,
11.3

Hess, Betty Levy

Hewlett-Packard

high-grade corporate bonds

High-Grade Fund

high-yield (junk) bonds,
2.1
,
10.1
,
10.2
,
12.1
,
15.1