Archive for March, 2012
Several reports have been published indicating that Greg Smith, the former Goldman Sachs employee who resigned on the Op-Ed page of the New York Times last week, has been approached by several literary agents seeking a “tell-all” book about Goldman. Meanwhile, in the Wall Street Journal, Francesco Guerrera quoted a Wall Street executive, in “Wall Street Can Learn from the Goldman Flap,” saying, “Every firm has 100 Greg Smith’s waiting to happen.”
What should we make of Greg Smith’s Op-Ed piece in today’s New York Times, “Why I Am Leaving Goldman Sachs“? Is it the musing of a former leader who laments the changes which have occurred at a great financial institution or a parting shot from a disgruntled employee at his former employer?