Goldman Sachs: Corrupt but extremely well managed.

[Dinner]

http://jobs.aol.com/articles/2012/03...ushpmg00000031

Goldman Sachs exec quits calling out the CEO Blankfein accountable for a shift in culture that rewards intentionally milking their clients for the firm's profit. "It makes me ill how people callously talk about ripping off their clients."

Note that this is the same firm that knowingly sold bad derivatives to clients while taking out insurance on them knowing they'd fail - they got paid twice that way.

The op-ed here:
http://www.nytimes.com/2012/03/14/op...pagewanted=all

[The Mad Monk]

Also here.

[KrazyHorse]

You're an idiot, oerdin.

[Asher]

Goldman Sachs exec quits calling out the CEO Blankfein accountable for a shift in culture that rewards intentionally milking their clients for the firm's profit.

Err. Yeah. It's a business?

[KrazyHorse]

I also like the fact that this guy's **** you resignation letter is apparently NYT-worthy, despite the fact that he's a nobody.

At a guess, something like 5000 nobodies a year are fired or quit from GS. He's a ****, and so are the people at the NYT who thought that this was news...

[Ogie Oglethorpe]

At a guess, something like 5000 nobodies a year are fired or quit from GS.

GS Alumni Class of 2012 newest

[KrazyHorse]

I happily admit that I'm a nobody

[giblets]

You don't have to be a somebody to get a column printed. I haven't and won't read it so I don't have an opinion on the merits of the opinion piece.

[Dinner]

http://www.bbc.co.uk/news/business-17366552

BBC has a pretty balanced report.

[KrazyHorse]

You don't have to be a somebody to get a column printed. I haven't and won't read it so I don't have an opinion on the merits of the opinion piece.

The point is that the vast, vast majority of those who quit obviously don't feel particularly strongly that something is drastically wrong. The title of this op ed should have been "bitter midlevel employee quits, inveighs against former employer". The NYT debases itself by publishing this sort of gunk.

[MikeH]

I also like the fact that this guy's **** you resignation letter is apparently NYT-worthy, despite the fact that he's a nobody.

At a guess, something like 5000 nobodies a year are fired or quit from GS. He's a ****, and so are the people at the NYT who thought that this was news...

It's cheap one liner in an existing thread worthy, not new thread worthy.

[KrazyHorse]

I laughed at your post...

[MikeH]

Maybe you aren't a psychopath then.

http://blogs.hbr.org/cs/2012/03/psychopaths_on_wall_street.html?referral=00563&cm_mmc=email-_-newsletter-_-daily_alert-_-alert_date&utm_source=newsletter_daily_alert&utm_medium=email&utm_campaign=alert_date#.T2HwnPkPM4U.twitter

[KrazyHorse]

Pseudoscientific estimates of psychiatric disorders based on stereotypes is the nki.

[MikeH]