In Goldman We Trust

摘要

Goldman sachs brags about taking Ebay and Juniper Networks public. You won't hear it talk much about another company it has backed: Stirling Cooke Brown Holdings, an insurance broker with, it turns out, a checkered past and an uncertain future. Goldman invested $19 million from some of its wealthy clients to buy 33% of Stirling in 1996. It took the insurance broker public two years later at $22 and watched the stock rise to $30. Recent price: $3.