The Bank That Changed The World Forever

Check out the WSO Academy and get a job in finance: Want to produce documentaries like this one? Free guide on how to write scripts: Free video editing SFX pack: This is a channel by Deus Media. We build YouTube channels for organizations and individuals. More info: Receive a lecture Kevin gave to entrepreneurs on "How to build a YouTube Empire": SOCIAL MEDIA • LinkedIn: • Instagram: • Twitter: America has been hit by the worst financial crisis in history. What started out as an amazing decade has come to a halt with a bang! Millions have lost jobs, homes, and some even their lives. By the end of it, the world economy has lost $2 trillion - more than any Robinhood option trader ever could lose. And at the center of it all is one investment bank. You might think that crises hurt banks… But no, the most powerful investment bank of all, emerges unscathed. In fact, Goldman Sachs continues to prosper and today, it is more powerful than ever, raking in billions in profits. Chapter overview: 0:00 The Bank That Rules The World 03:16 The Birth of a Legendary Banker, How to Build a Financial Giant, The Next Generation Bankers 08:08 Spread Thy Wings and Fly, Goldman and Lehman Brothers, Henry Goldman Quits the Firm 16:05 An Outsider Joins the Firm, The Rise and Fall of GS Trading, From Janitor to GS Senior Partner 21:47 From Investment Bank to Trading Firm, Tricking Investors, The War Veteran 27:13 Poached by the Government, The Risky Insider Traders, Time to Go Public? 30:38 Goldman Sachs Almost Burns, A Pompous IPO, The Legend of Lloyd Blankfein 35:09 The 2008 Crash, Surviving a Crash, Goldman Sachs Today