News Roundup :: Goldman Sachs

Did you hear about Greg Smith, the very high-up guy at Goldman Sachs who not only resigned out of the blue yesterday, but resigned without telling anyone that an Op-Ed he wrote about why he left was about to be published in the New York Times fifteen minutes later? Can’t decide if this guy is a boss or a fool. No matter what, it puts some good attention on our financial institutions– whether or not Smith’s criticisms are correct, it’s clearly something worth talking about. Check out the original Op-Ed, Goldman Sachs’ response and some other articles on the whole shebang.

Smith’s Op-Ed: Why I Am Leaving Goldman Sachs

Internal memo from CEO Lloyd Bankstein: Goldman Sachs Response to Greg Smith’s Op-Ed

NYT dealbook: Public Rebuke of Culture at Goldman Opens Debate

A related issue: Wall Street’s Latest Campus Recruiting Crisis

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