i dont get what they do

>>2905850
Don't worry about it goy.

They're bankers, and therefore sinners.

>>2905850
At a very simple, reductionist level, they offer investment plans, advice, or management and take a percentage of the assets invested as a fee.

>>2905850
It is too complex for your tiny mind to process.

>>2905857
/pol/
>>2905861
/pol/
>>2905866
commie
>>2905868
that's what the jews want you to think
>>2905872
shitposter

>>2905924
kill yourself

>>2905868
What's an investment plan
What's investment

>>2905934
>Investment
To put money to use, often in an attempt to make more money by lending or purchasing assets that can be converted at a later date.

>Investment plan
Some plan of action to successfully invest money instead of throwing it away.

So, for instance, if you have some spare cash, you could put it in the bank's saving account, and earn a piddling amount of interest. If you're willing to take a bit more risk, you could try throwing it in the stock market. But, if you're a normal person, you probably don't know nearly enough about what's going on in the business world to tell a good stock buy from a bad one. So you hire a broker to make investments on your behalf, and he does the actual investing with regards to certain parameters you give him.

GS does stuff that's often for bigger clients than individuals playing at the stock market, but the fundamental principle is the same. Some firm or group gives them a wad of cash and some requirements, GS recommends a group of investments, be they stocks, bonds, or something else, and if they do their job well, that set of investments is a better set than what the client would have made on their own, client makes money, they're happy to give a bit of it as a managing fee to GS, and everyone wins.

>>2905850
Investment banking

>>2905850
collect money

>>2905924
/pol/ shitposting aside, it is true that they're named goldman sachs for a reason. The idea is that a jewish sounding name for an investment bank will make people more likely to invest with them.

Goldman was an exemplary example of bootstrap capitalism, spending 20 years as a market trader before lending money.

As >>2905947 explains he manages transactions. A lot has been said about jews and banking, but Jews were often only providing a service for something that already existed. If a business partner you only met a few weeks ago needs to borrow money, wouldn't you like someone reliable to handle the money?

I am sure a few Jews did push frivolous loans on people like loan sharks but that could never be the basis for banking on a large scale or businesses would see what is happening and never borrow money. Goldman was part of the majority who achieved high volumes and attracted large businesses by being totally legit, as his company is to this very day.

>>2906001
>>2905850
It's basically a Ivy League crew that uses their connections to get millions from mafia-businesses to "consult" them. What a tidy revolving door of cash. Ever wonder why housing, tuition is so expensive? Because of financial engineering, derivatives ponzi schemes

also schools like giving it to their friends who probably "consult" them to hire more consultants. Must be nice to be born filthy rich, get to study abroad, and then land in a cushy six figure job fleecing poor college students while doing no real work. What ever gets you the Mercedes I guess.

>>2906130
"Private consultancy firms have been central to the coalition government’s plans to carve up the National Health Service (NHS). One service they provide is supposed “consultation” processes, which end up concocting a financial case for the closure and privatisation of swathes of the NHS and handing it over to their clients in the private sector. They reap rich rewards themselves for services rendered.
A particular favourite in the coalition government’s designs is the United States-based global management consulting firm McKinsey & Company, Inc."

company basically wrote the book on fucking over workers.

"Mr McDonald shines an edifying light on Arch Patton, a McKinsey consultant in the 1950s, who was a tireless promoter of higher pay for America's corporate bosses. At one stage Mr Patton alone accounted for a tenth of the firm's billings. The executive gravy train, whose engine Mr Patton helped to construct, is still clattering on today."

McKinsey's fingerprints can be found at the scene of some of the most spectacular corporate and financial debacles of recent decades. The energy-trading firm Enron was the creation of Jeff Skilling, a proud McKinsey consultant of 21 years. But this wasn't guilt by association. Enron, under Mr Skilling, was paying McKinsey $10m (£6m) a year for advice. McKinsey fully endorsed the dubious accounting methods that caused the company to implode in 2001.

The consultancy also advised virtually all of the Wall Street banks in the unprecedented credit boom of the past decade. Its consultants, as Mr McDonald chronicles, actively promoted the securitisation of mortgage assets, the practice that poisoned the global financial system and precipitated the 2008 credit meltdown.

>>2906140
The firm also encouraged the banks to fund their balance sheets with debt, driving down their equity safety buffers in order to juice profits.

Personal corruption has touched the highest echelons of McKinsey. The firm was headed for 10 years by Rajat Gupta, who was convicted in the US for insider trading in 2012. Mr Gupta passed on confidential information on corporations to a billionaire hedge fund friend. Mr Gupta had left the firm when he committed his crimes, but another senior serving McKinsey partner was also involved in the ring of insider dealing."

chairman of the Save Our Hospitals campaign, said, “I am truly appalled. Not only are NHS NW London proposing to shut some of our most needed services, but they are spending £3 million of our money on McKinsey consultants. They are spending taxpayers’ money on this firm so that they can tell NHS NW London that local residents do not want this to happen, I could have told them that for free.”"

File: IMG_1806.gif (2MB, 400x169px) Image search: [Google]

2MB, 400x169px

It's all a fancy roulette wheel.

>>2905866
>They're bankers, and therefore sinners.
he does not know about protestantism