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What was the main innovation Marcus Goldman introduced to the banking industry?
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Buying and selling commercial paper
Answer
Marcus Goldman's main innovation in the banking industry was buying and selling commercial paper, which helped businesses secure short-term financing. This practice contributed to the growth of Goldman Sachs and the broader financial industry.
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What is the full name of the company Marcus Goldman founded?
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In which decade did Marcus Goldman retire from Goldman Sachs?
What was the main source of Marcus Goldman's wealth?
Which of these is a core business area of Goldman Sachs today?
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