Goldman Sachs' Rise and Fall

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Goldman Sachs' Rise and Fall

When you hear the name Goldman Sachs, you think of Ivy League investment bankers in fancy suits managing the money of the richest people in the world. Or you think of them closing deals in fancy corporate offices. You think of them advising the wealthiest people in the world, and you think of them walking the halls of power in the financial capitals of the world like New York and London and Singapore. So why was Goldman Sachs, a bank that's been around for 150 years, trying to get into the checking and credit card business? And how did they fail?

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