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Goldman Sachs: Power and Peril

About the Show

Goldman Sachs has come under intense scrutiny following a government investigation into its practices. The firm is a powerhouse whose 34,000 employees are known as the best and the brightest. It's unique corporate culture and its long history of success have always been the envy of its competitors...but now Goldman Sachs is fighting to maintain its reputation. The firm has been accused by some critics of misleading investors, and taken to task for accepting a government bailout when, less than a year later, it was able to reap massive profits. Some ask if its connections to the many Goldman alumni who went on to influential government positions gave it an unfair advantage in surviving the global financial crisis.

In this CNBC original documentary, correspondent David Faber reveals how Goldman Sachs benefited from some of its most controversial deals before, during and after the economic collapse. He describes how Goldman, throughout its history, has fought back from adversity with innovation and fierce competitiveness. Faber also examines the future of Goldman Sachs, asking whether the bank can maintain its dominant position atop the world of finance.

Program Highlights

  • Highest Profile Goldman Sachs Alums Wednesday, 26 May 2010 | 2:52 PM ET
    Goldman Sachs alums have an extensive history of being closely tied to Washington politics. From Sidney Weinberg in 1907 to Hank Paulson's central role during the 2008 financial crisis, Goldman alums have been deeply involved in government affairs. When the firm's success is correlated with influential positions of its alumni, conspiracy theorists speculate that there is a deep-seeded - or even corrupt - connection between the government and the elite Wall Street firm. On the other hand, Goldman

    So, who are the most influential Goldman Sachs alums linked to Washington DC and beyond? Click to find out!

  • History     Monday, 4 Oct 2010 | 12:01 AM ET

    Goldman Sachs, started 150 years ago as a one-man operation, has grown to become Wall Street’s most profitable and powerful bank. CNBC'€™s David Faber explores the history of the company in Goldman Sachs: Power and Peril.

  • Scenes From The Goldman Sachs Hearing Tuesday, 27 Apr 2010 | 6:57 PM ET
    Top Goldman Sachs officials defended their conduct in the financial crisis on Tuesday before the Senate Governmental Affairs Investigations Subcommittee. They flatly rejected the Securities and Exchange Commission’s fraud allegations against the firm, .The following is a look at some of the more dramatic moments in the hearing.

    Goldman Sachs officials defended their conduct before the Senate Governmental Affairs Investigations Subcommittee. The following is a look at some of the more dramatic moments.

Contact Goldman Sachs: Power and Peril

  • Show Times

    Check the U.S. schedule for upcoming show times.

 

  • Co-anchor of CNBC's "Squawk on the Street," David Faber also is a co-producer of CNBC's original documentaries.

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