[Peak cracks the Banksters coffin with another huge nail in it. – Z]
Goldman Sachs: Making Money by Stealing It
Goldman Executive Resigns
Broken clocks are right twice a day. On March 14, so was The New York Times. It gave rare op-ed space to high level Goldman executive Greg Smith for views worth sharing. He served as executive director and head of the firm’s domestic equity derivatives business in Europe, the Middle East and Africa.
Headlining, “Why I Am Leaving Goldman Sachs,” he said:
After almost 12 years with the firm, today was his last day. He worked there “long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.”
In “simplest terms,” he said client interests are sidelined. Goldman thinks only about making money. “The firm has veered so far from the place I joined right out of college that I can no longer in good conscience say that I identify with what it stands for.” (More HERE)