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:
“Among the earliest institutions to be invented, if I read the stars right, is a Protestant monastery, a place of elegant seclusion where melancholy gentlemen and ladies may go to spend the advanced session of life in drinking milk, walking the woods & reading the Bible and the poets.”
—Ralph Waldo Emerson (1803–1882)
“A black boxer’s career is the perfect metaphor for the career of a black male. Every day is like being in the gym, sparring with impersonal opponents as one faces the rudeness and hostility that a black male must confront in the United States, where he is the object of both fear and fascination.”
—Ishmael Reed (b. 1938)