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Marcus Goldman
Marcus Goldman (born Marcus Goldmann; December 9, 1821 – July 20, 1904) was a Jewish American investment banker, businessman, and financier. He was the founder of Goldman Sachs, which has since become one of the world's largest investment banks. Early life Mark Goldmann was born on December 9, 1821, in Trappstadt, Bavaria, Germany, to an Ashkenazi Jewish family. His father, Wolf Goldman, was a farmer and cattle dealer. His mother, Bella Katz Oberbrunner, who came from Zeil am Main, was widowed with five children from a former marriage; her first husband was called Samuel Oberbrunner. His paternal grandfather was called Jonathan Marx until he changed his name to Goldmann when Jews were allowed to have surnames in 1811. While attending classes at the synagogue in Würzburg, he met Joseph Sachs, who would become his lifelong friend. Goldman immigrated to the United States from Frankfurt am Main, Germany, in 1848 during the first great wave of Jewish immigration to America, re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trappstadt
Trappstadt is a municipality in the district of Rhön-Grabfeld in Bavaria, Germany. Notable people *Joseph Brunner (26 November 1706 - 19 November 1827), born in Trappstadt and died in Altenstein. It has been suggested that he was the oldest man in the world but new information suggests that he may have been born in 1739 *Marcus Goldman (9 December 1821 - 20 July 1904), born in Trappstadt and died in New York City. He was the founder of the investment bank Goldman Sachs. Ganerbschaft Trappstadt was a Ganerbschaft which was joint family estate, over which the co-heirs (''Ganerben'') only had rights in common. In the 13th century Trappstadt was divided by the counts of Henneberg and the monasteries of Theres and Veilsdorf. Three hundred years later in 1524, there were already twelve ''Ganerben'' issued. The possession of the ''Ganerben'' quarters were divided as follows: * The residents of Würzburg (former Theres Abbey) had 22 houses. * Monastery Veilsdorf (from 1699 cath ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revolutions Of 1848 In The German States
In political science, a revolution (Latin: ''revolutio'', "a turn around") is a fundamental and relatively sudden change in political power and political organization which occurs when the population revolts against the government, typically due to perceived oppression (political, social, economic) or political incompetence. Revolutions have occurred throughout human history and vary widely in terms of methods, duration, and motivating ideology. Their results include major changes in culture, economy, and socio- political institutions, usually in response to perceived overwhelming autocracy or plutocracy. Scholarly debates about what does and does not constitute a revolution center on several issues. Early studies of revolutions primarily analyzed events in European history from a psychological perspective, but more modern examinations include global events and incorporate perspectives from several social sciences, including sociology and political science. Several generatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Great Jewish Families Of New York
''The'' () is a grammatical article in English, denoting persons or things that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman–Sachs Family
The Goldman–Sachs family is a family of Ashkenazi Jewish descent known for the leading investment bank Goldman Sachs. Marcus Goldman, while attending classes at the synagogue in Würzburg, met Joseph Sachs, who would become his lifelong friend. Marcus Goldman's youngest daughter, Louisa, married Samuel Sachs, the son of Joseph Sachs, fellow Lower Franconia, Bavaria immigrant. Louisa's older sister and Sam's older brother had already married. His oldest son, Julius Goldman, married Sarah Adler, daughter of Samuel Adler. In 1882, Goldman invited his son-in-law Samuel to join him in the business and changed the firm's name to ''M. Goldman and Sachs''. For almost fifty years, all the partners came from the extended family. Family tree *Marcus Goldman (1821–1904), founder of Goldman Sachs, married to Bertha Goldman **Rebecca Goldman Dreyfuss (1851–?), married to Ludwig Dreyfuss ( 1840s–1918) **Julius Goldman (1852–1909) married to Sarah Adler Goldman, daughter of Samue ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newspapers
A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports and art, and often include materials such as opinion columns, weather forecasts, reviews of local services, obituaries, birth notices, crosswords, editorial cartoons, comic strips, and advice columns. Most newspapers are businesses, and they pay their expenses with a mixture of subscription revenue, newsstand sales, and advertising revenue. The journalism organizations that publish newspapers are themselves often metonymically called newspapers. Newspapers have traditionally been published in print (usually on cheap, low-grade paper called newsprint). However, today most newspapers are also published on websites as online newspapers, and some have even abandoned their print versions entirely. Newspapers developed in the 17th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samuel Adler (rabbi)
Samuel Adler (December 3, 1809 – June 9, 1891) was a leading German-American Reform rabbi, Talmudist, and author. Early life Samuel Adler was born on December 3, 1809 in Worms, Confederation of the Rhine (present-day Germany). He received his early religious education from his father Isaac, who was one of the associate rabbis in Worms and instructed him in Hebrew and the Biblical and Rabbinic literature of the Jews. When Rabbi Isaac Adler died on December 23, 1822, thirteen-year-old Samuel, his four young siblings, and their mother were left in straitened circumstances. In spite of innumerable difficulties and extreme privation, Samuel continued his studies at the yeshivot in Worms and Frankfurt-am-Main, while concurrently pursuing a regular course of classical and general studies at the high schools of those two cities. After graduating from the Frankfurt Gymnasium, Adler entered, in 1831, the University of Bonn and later that of Gießen, where he studied Oriental langu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower Franconia
Lower Franconia (german: Unterfranken) is one of seven districts of Bavaria, Germany. The districts of Lower, Middle and Upper Franconia make up the region of Franconia. History After the founding of the Kingdom of Bavaria the state was totally reorganised and, in 1808, divided into 15 administrative government regions (German: , singular ), in Bavaria called (singular: ). They were created in the fashion of the French departements, quite even in size and population, and named after their main rivers. In the following years, due to territorial changes (e. g. loss of Tyrol, addition of the Palatinate), the number of Kreise was reduced to 8. One of these was the Untermainkreis (Lower Main District). In 1837 king Ludwig I of Bavaria renamed the Kreise after historical territorial names and tribes of the area. This also involved some border changes or territorial swaps. Thus the name Untermainkreis changed to Lower Franconia and Aschaffenburg, but the city name was dropped in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States and one of the most prestigious and highly ranked universities in the world. The university is composed of ten academic faculties plus Harvard Radcliffe Institute. The Faculty of Arts and Sciences offers study in a wide range of undergraduate and graduate academic disciplines, and other faculties offer only graduate degrees, including professional degrees. Harvard has three main campuses: the Cambridge campus centered on Harvard Yard; an adjoining campus immediately across Charles River in the Allston neighborhood of Boston; and the medical campus in Boston's Longwood Medical Area. Harvard's endowment is valued at $50.9 billion, making it the wealthiest academic institution in the world. Endowment inco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Working Capital
Working capital (WC) is a financial metric which represents operating liquidity available to a business, organisation, or other entity, including governmental entities. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. Gross working capital is equal to current assets. Working capital is calculated as current assets minus current liabilities. If current assets are less than current liabilities, an entity has a working capital deficiency, also called a working capital deficit and negative working capital. A company can be endowed with assets and profitability but may fall short of liquidity if its assets cannot be readily converted into cash. Positive working capital is required to ensure that a firm is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and upcoming operational expenses. The management of working capital involves managing inventories, accounts receiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Paper
Commercial paper, in the global financial market, is an unsecured promissory note with a fixed maturity of rarely more than 270 days. In layperson terms, it is like an " IOU" but can be bought and sold because its buyers and sellers have some degree of confidence that it can be successfully redeemed later for cash, based on their assessment of the creditworthiness of the issuing company. Commercial paper is a money-market security issued by large corporations to obtain funds to meet short-term debt obligations (for example, payroll) and is backed only by an issuing bank or company promise to pay the face amount on the maturity date specified on the note. Since it is not backed by collateral, only firms with excellent credit ratings from a recognized credit rating agency will be able to sell their commercial paper at a reasonable price. Commercial paper is usually sold at a discount from face value and generally carries lower interest repayment rates than bonds due to the sh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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