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Many of the year's activities reflect
the pace at which clients are redefining short- and long-term goals to
suit a continually transforming environment. To help clients achieve their
goals, in 1999 Goldman Sachs launched new products and services, acquired
new capabilities and introduced new technologies. What we did not change
is how our people work with clients and with one another. Judgment, teamwork,
innovation and reach are more crucially important today than ever. The
unflinching pace of change and competitive pressure will not allow us to
compromise any of these critical ingredients in our clients' and our own
success. In the following pages, we highlight examples of how we helped
clients meet the extraordinary challenges and opportunities of 1999.
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