In 1869, Goldman Sachs was founded by Marcus Goldman in New York City in a one-room basement office next to a coal chute. In 1882, Goldman’s son-in-law Samuel Sachs joined the firm.
Imagine working at a smithy called Smiths run by Joe Smith, who is a Smith. That’s at least as wild.
It’s so on the nose that if you read it in a book you’d roll your eyes and call it lazy writing
That’s actually the origin of several last names like Smith. Carpenter, Miller, Cooper, waller, Fisher, Chandler, Carter, black, and barker are believed to have originated from professions.
I’ma write a book about someone who works for a tailor named Taylor Tailor at their tailor shop called Tailor’s Tailoring which is run out of a trailer. It’ll be tailor Taylor Tailer’s Tailor’s Tailoring tailoring trailer. It will be a very serious book, because none of this is in the least but funny.
I mean, it’s their names.
That doesn’t really make it any less crazy.
Imagine working at a smithy called Smiths run by Joe Smith, who is a Smith. That’s at least as wild.
It’s so on the nose that if you read it in a book you’d roll your eyes and call it lazy writing
That’s actually the origin of several last names like Smith. Carpenter, Miller, Cooper, waller, Fisher, Chandler, Carter, black, and barker are believed to have originated from professions.
I’m aware, that’s pretty common knowledge.
I’ma write a book about someone who works for a tailor named Taylor Tailor at their tailor shop called Tailor’s Tailoring which is run out of a trailer. It’ll be tailor Taylor Tailer’s Tailor’s Tailoring tailoring trailer. It will be a very serious book, because none of this is in the least but funny.
Goldman for “son of gold”.
And Sachs as the same Germanic root of “Saxon” one of the groups who conquered England.
Two insanely wealthy old money names.
When they say “started next to a coal chute” it makes it sound like it was a small business…
But Goldman was insanely wealthy and the company’s first investments were “IOUs”.
It was basically a loan racket, the “office” was where the poor people were who needed high interest loans because a bank wouldn’t loan.
They “started from the bottom” as much as Drake did when he went into rapping.