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Posts Tagged ‘better to remain silent and be thought a fool’

Oppenheimer’s Al Loewenthal: Better to Remain Silent and Be Thought a Fool…

Posted by Larry Doyle on March 15th, 2012 8:06 AM |

Reactions I heard to the Jerry Maguire type bombshell launched by former Goldman exec Greg Smith ran the gamut yesterday.

There are those who questioned Mr. Smith’s sanity at committing career suicide. Others appreciated his airing of dirty laundry and “come to Jesus” expose. I personally believe if Mr. Smith wanted to lash out at those at Goldman who created the culture he came to detest, he may have been more laser like in his approach.

The hand grenade he launched into the Goldman camp was the equivalent of friendly fire and also hit plenty of very good people who work very hard to make an honest living everyday. I know very honest and very good people in the firm.

I welcome being the harshest critic of those who deserve to be called out.¬† (more…)






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