Fidelity SPDR Advertisement
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 126
Posts 34,605
Boards Moderated 3
Alias Born 11/22/06
160x600 placeholder
U.S. Stocks: Futures Head South As Investors Absorb Fed View
U.S. stock futures pointed to a wary start for Wall Street on Thursday, after what most see as a more hawkish view out of the Federal Reserve, which one strategist says could usher in more volatility for markets.
Top Equities Stories Of The Day
European Markets Show Signs of Stress--2nd Update
Samsung, Apple Lose to China Smartphone Makers
ADR Shares End Mixed; Sanofi, Banco Bilbao Vizcaya Argentaria Shares Fall
Shire Files 8K - Other Events
U.S. Stocks, Bonds Dip on Fed Outlook
Stoxx 600 Flirts With Three-week High
Miners Hammer FTSE 100 As Metals Prices Slide
Office-Burnout Cure: Mini Sabbaticals
*~1Best~*   Wednesday, 03/14/12 05:36:34 PM
Re: None
Post # of 31630 
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