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When Money Was in Fashion

The Man Who Founded Goldman Sachs

It’s not often that a sentimental memoir tells the story of Wall Street’s early days. But June Breton Fisher begins hers with an account of how her great-grandfather, a poor German-Jewish immigrant, quickly figured out that he could make money by helping small-time merchants in lower Manhattan get short-term loans. That great-grandfather was Marcus Goldman, patriarch of Goldman Sachs.

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Amy Stevens is the executive editor of Thomson Reuters Professional News.

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