Life and Career
He was a leading banker and financier in the 1910s and 1920s, making (and losing) a fortune of over $250 million. By 1931 he had nearly bankrupted his employer, Goldman Sachs & Co. through his formation of the Goldman Sachs Trading Company and its floating of the Shenandoah & Blue Ridge investment trusts, controlled by Harrison Williams (America's first billionaire). He was a director of major corporations in diverse fields, including leather, motion pictures (Warner Brothers), radio, television, recorded music (Muzak Holdings), tin cans, dry goods, rubber, pharmaceuticals, automobiles (Studebaker and Chrysler), typewriters, breakfast cereals, lumber, mail-order merchandising, music publishing, and electric power.
Read more about this topic: Waddill Catchings
Famous quotes containing the words life and/or career:
“Do not be too moral. You may cheat yourself out of much life so. Aim above morality.”
—Henry David Thoreau (1817–1862)
“Like the old soldier of the ballad, I now close my military career and just fade away, an old soldier who tried to do his duty as God gave him the light to see that duty. Goodbye.”
—Douglas MacArthur (1880–1964)