Goldman Sachs Deck
Walk me through what happened to Goldman Sachs in the 2008 financial crisis — the settled facts an interviewer expects you to know.
Model answer
In September 2008, after Lehman failed, Goldman converted from a standalone investment bank into a bank holding company regulated by the Federal Reserve, gaining access to Fed liquidity facilities.…
The full, human-reviewed answer is in the bank.
Sign up free and Daily 10 serves you 10 questions a day from all 1,500+ — or go Pro for unlimited reps.
More from Goldman Sachs Deck
- When was Goldman Sachs founded, by whom, and what was its original business?
- Goldman Sachs was a private partnership for 130 years. When did it go public, and why does the partnership legacy still matter in interviews?
- At a structural level, how does Goldman Sachs make money? Describe the segment logic a candidate should understand.
- What is Goldman Sachs best known for competitively, and where is it structurally different from universal-bank peers?
- What is the first of Goldman Sachs's Business Principles, and how should you use the principles in an interview?
- At Goldman Sachs, what does it mean when someone is described as 'commercial,' and how do you mirror that in an interview?