Wednesday, March 14, 2012

GREG SMITH LEAVES GOLDMAN SACHS

Here is an excerpt from his resignation letter.

TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here 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. 

After reading the full letter I was reminded of this video:


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