fool@discuss.tchncs.de to Showerthoughts@lemmy.worldEnglish · edit-27 days agoGoldman Sachs is such a nutty name. Imagine working at Compman Uters or Shrimpman Friedrice.message-squaremessage-square5fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1message-squareGoldman Sachs is such a nutty name. Imagine working at Compman Uters or Shrimpman Friedrice.fool@discuss.tchncs.de to Showerthoughts@lemmy.worldEnglish · edit-27 days agomessage-square5fedilinkfile-text
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-27 days agoGoldman 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.
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.