I would like to thank some people who manage to be pragmatic and entertaining at the same time: Stephen Colbert, Jim Collins, Malcolm Gladwell, Vijay Govindarajan, Tony Kornheiser, Michael Lewis, Bill Maher, Roger Martin, Robert K. Merton, Bill Simmons, Jon Stewart, Jack (and Suzy) Welch, and Michael Wilbon. I am sure they never dreamed that they would be acknowledged in a book related to Goldman Sachs, but their work stimulates my thinking.
Last, this book is a result of the love and support of my family and close friends. I didn’t specifically acknowledge each and every one of you because I hope that I do that each and every day.
About the Author
STEVEN G. MANDIS worked at Goldman Sachs from 1992 to 2004 in the investment banking, private equity, and proprietary trading areas. He assisted Hank Paulson and other senior executives on special projects and was a portfolio manager in one of the largest and most successful proprietary trading areas at Goldman. After leaving Goldman, he cofounded a multibillion-dollar global alternative asset management firm that was a trading and investment banking client of Goldman’s.
During the financial crisis, Mandis was a senior adviser to McKinsey & Company before becoming chief of staff to the president and COO of Citigroup and serving on executive, management, and risk committees at the firm.
Currently, he is an adjunct professor at Columbia Business School. He teaches classes of MBA and executive MBA students on strategic issues facing investment banks and the European financial crisis. In addition, Mandis is a PhD candidate and an honorary Paul F. Lazarsfeld Fellow in the Department of Sociology at Columbia University. He focuses on economic sociology as well as organizational culture and innovation. This book is based on work for his PhD dissertation.
Mandis holds an AB from the University of Chicago and an MA and MPhil from Columbia University.
He was awarded the Ellis Island Medal of Honor, given to children of immigrants who exemplify a life dedicated to community service.
What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and Its Unintended Consequences Page 40
