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:
“It has been my fate in a long life of production to be credited chiefly with the equivocal virtue of industry, a quality so excellent in morals, so little satisfactory in art.”
—Margaret Oliphant (1828–1897)
“Work-family conflicts—the trade-offs of your money or your life, your job or your child—would not be forced upon women with such sanguine disregard if men experienced the same career stalls caused by the-buck-stops-here responsibility for children.”
—Letty Cottin Pogrebin (20th century)