Wednesday, March 14, 2012

Why Greg Smith is leaving Goldman Sachs

Cartoon: Victor Kerlow
Goldman Sachs executive, Greg Smith, resigns from and blasts the company in today's New York Times. Apparently bankers at Goldman Sachs called their clients "muppets" and Smith believes the bank has lost its "moral fiber":
http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html

For some reason I'm thinking of that Gringotts Bank scene in Harry Potter and the Philosopher's Stone. And here is some Goldman Sachs related humor: 
http://www.ritholtz.com/blog/2012/03/goldman-sachs-humor/

GOLDMAN SCREW CHART @williambanzai7
Goldman sure knows how to screw
It's what they're paid billions to do
Although there's a chart
It's more a black art
How they've managed to rape me and you
THE LIMERICK KING


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