Why Goldman Sachs Went From Investing For The Rich To Targeting Everyone

Why Goldman Sachs Went From Investing For The Rich To Targeting Everyone

Share This Content
Goldman Sachs, the Wall Street investment bank, has a storied history. Founded by Marcus Goldman 150 years ago, his son Henry revolutionized the industry with company valuations and IPOs. It was the gold standard in investment banking for decades and partners got rich when the company went public. But the firm's reputation took a beating during the financial crisis, eventually leading to one of the most interesting pivots in Wall Street history.

» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: http://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: http://cnb.cx/SubscribeCNBCclassic

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC

#CNBC
#GoldmanSachs
#WallStreet

How Goldman Sachs Became Wall Street's Most Powerful Investment Bank