Advertisement Fidelity
Home > Boards > Free Zone > User's Groups > T/A ETF AND INDEX

Rare Integrity Jewel: Greg Smith quitting Goldman

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
*~1Best~* Member Profile
 
Followed By 129
Posts 34,605
Boards Moderated 3
Alias Born 11/22/06
160x600 placeholder
Top Equities Stories of the Day
e>

With losses widening and cash shrinking, representatives of mobile-payments startup Square Inc. have discussed a possible sale to several deeper-pocketed rivals, according to people familiar with the matter. (published 0410 GMT)

Citi Picks Dewilde to Lead Asia Markets and Investor Services Business
Client Balances at Morgan Stanley Wealth Management Near Merrill Lynch
IBM's Profit Slides As Hardware Sales Keep Falling
U.S. Hot Stocks: Hot Stocks to Watch
Apple, Google Vie to Offer Exclusive Game Apps
Fast-Rising Costs Erode Google's Profits -- 3rd Update
European Stocks Turn Higher, But Rémy, Diageo Lag
FCC to Set Aside Spectrum for Smaller Wireless Carriers
Pentagon Official Criticizes Pratt & Whitney Over F-35 Costs
*~1Best~*   Wednesday, 03/14/12 05:36:34 PM
Re: None
Post # of 31303 
Rare Integrity Jewel: Greg Smith quitting Goldman

Most of financial field staff coming on to CNBC and other financial networks are pumpers who are speaking unethical market pump along with the Fed Reserve -- effectively fraud against the rest of the world -- as Ron Paul states, "the Enemy of USA" so as most of Americans now know.

"Greg Smith" is certainly retained His Integrity and Good Conscience against the filthy greed devouring Americans and entire world. It is hard to find "Integrity" with a reasonable level nowadays as most of people are effectively and literally became "Partners of Fraud" in direct or indirect participation with the grand operation!

Goldman exec quits, calling firm 'toxic'

http://money.cnn.com/2012/03/14/markets/goldman_sachs/index.htm?hpt=hp_t3


Goldman Employee Blasts Firm, Resigns in Protest
Written By Matt Egan
Published March 14, 2012

An outgoing Goldman Sachs (GS: 120.18, -4.36, -3.50%) employee unleashed a scathing Op-Ed on Wednesday that criticized the Wall Street firm as full of self-interested people who care little about the interests of their clients.
The employee, Greg Smith, resigned from a position he described as an executive director and head of Goldman’s U.S. equity derivative business in Europe, the Middle East and Africa.
In a 1,270-word Op-Ed in The New York Times, Smith took the unusual step of ripping the firm he worked at for almost a dozen years.

“I can honestly say that the environment now is as toxic and destructive as I have ever seen it,” Smith wrote. “I knew it was time to leave when I realized I could no longer look students in the eye and tell them what a great place this was to work.”
In a statement released to the media, Goldman pushed back against Smith’s allegations.
“We disagree with the views expressed, which we don’t think reflect the way we run our business,” a spokesperson said. “In our view, we will only be successful if our clients are successful. This fundamental truth lies at the heart of how we conduct ourselves.”


http://www.foxbusiness.com/industries/2012/03/14/goldman-exec-blasts-firm-resigns-in-protest/#ixzz1p7J58rKI

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist