Money and Power: How Goldman Sachs Came to Rule the World

money and power cover imageMoney and Power: How Goldman Sachs Came to Rule the World

by William D. Cohan
General Non-Fiction
Doubleday, 2011
Hardcover - 672 pages
$30.50

There is no shortage of books chronicling the role of Wall Street in igniting the financial crisis of 2008. Less has been documented about how Wall Street has profited from its sins. Cohan sets out to do just that. He traces the rise of Goldman to the summit of world capitalism and then pierces the veil of secrecy and the most aggressive and sophisticated public relations machine in the financial industry to reveal a sordid underbelly of greed and avarice. As a former Lazard Freres & Co. investment banker, Cohan knows where to look for the bodies and as a former newspaper reporter he knows how to tell the story in crisp and captivating detail. It’s a thriller in corporate garb!