Why I Am Leaving Goldman Sachs

[CAF Note: Goldman’s head of derivatives for Europe just happens to resign in the middle of the Greek CDS debacle and writes a big NY Times piece attacking Goldman on culture? What a coincidence! A bit of deflection, perhaps? We would love for him to write the truth of the Greek CDS situation.]

By Greg Smith

Today is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.

Continue reading the article . . .

Solari Report Blog Commentaries

Blankfein Hires Defense Attorney; Goldman Down $3 Billion After Close 22 Aug 11

On Shunning Goldman 15 April 11

Spanking Buffett 7 May 10

Thumbing Down on Blankfein 5 May 10

Goldman Whac-A-Mole 29 April 10

An E-Mail to a Member of the Research Team at Goldman Sachs 7 Oct 08

Subscribe
Notify of