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HomeGoldman Sachs: “We Don’t Trust You at All”
Posted by Larry Doyle on October 22nd, 2012 6:41 AM |
Although I am still not inclined to buy, rather than merely borrowing it from the library, Greg Smith’s book Why I Left Goldman Sachs, I did find his interview on CBS’ 60 Minutes last evening to be interesting. What interested me?
Smith did not provide any great revelations in this interview, but I found it interesting based simply on the fact that he is one of very few people who have exited the Wall Street arena and left the light on in the process. For that reason alone, I think it is worthwhile to watch this clip.
Do clients trust Goldman Sachs? Certainly not all of them. Why not? (more…)
Greg Smith and Goldman Sachs
Posted by Larry Doyle on October 19th, 2012 7:09 AM |
Greg Smith created quite a splash last spring when he announced his resignation from Goldman Sachs in an op-ed piece in The New York Times. That bit of sensationalism created quite a stir on Wall Street but what are we to expect in a day and age when an industry has provided plenty of reasons to be vilified and an insider feeds the fish.
Am I going to go out and buy Mr. Smith’s book? Based on excerpts I have read so far, I think I would be more inclined to borrow it from the library. Why so? (more…)
