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Saturday, October 27, 2012

Strange Fruit

I always wondered why there were never any whistle-blowers from the Wall Street Crash? It seems there is one, but even he doesn't give specifics about the criminal behavior at Goldman. I think they all have made big money and are afraid of breaking their non-disclosure contracts.

Listen to the interview on CBC DAY6:
Former Goldman Sachs VP Greg Smith made a splash with a very public resignation from the financial firm in March with an op-ed in the New York Times. In it, he detailed why he believes the culture of the firm turned toxic, and accused his co-workers of callously ripping clients off. His new book Why I Left Goldman Sachs: A Wall Street Story was releasesd this week.



1 comment:

San Diego Coastal Democrats said...

Anyone who would invest through Goldman Sachs is a thief or a fool, biggest Ponzi scheme in existence.

"If clients don’t trust you they will eventually stop doing business with you. It doesn’t matter how smart you are."

Smith's NYT OpEd resignation letter:
http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?pagewanted=2&_r=1