Lisa Endlich Firm Quotations

I believe that turmoil of 1994 scarred the firm in such a way that it believed it needed a steady source of capital, permanent capital, that something like 1994 should never happen again, ... and that the way to keep something like that from ever happening again, one of the ways, was to take permanent capital from public shareholders.

There's no doubt in my mind, ... that the firm's culture and its partnership are what have set it apart from the rest of the industry to this point, and without the firm's partnership it will become much more like every other firm in the industry.

Bob spearheaded some of the more risky trading businesses, the proprietary trading businesses in which the firm did so well in the 1980s and the 1990s, ... Those brought a lot more risk to Goldman Sachs and with it, an enormous jump in profitability.