Not an urban myth, it seems.
Three technology stock traders have left the Boston office of Steven A. Cohen’s nearly $10bn family office over the last week in a new round of defections at a firm that is still dealing with the fallout from a significant insider trading investigation.
Greg Smith created a headache for Goldman Sachs last year when he resigned from the firm through a harshly worded Op-Ed article in the pages of The New York Times.
But a lot of employees might like it to be. Ho-ho-ho!
Former Goldman Sachs Executive Director Greg Smith on his decision to leave his position at the bank.
Former Goldman Sachs employee Greg Smith is in the spotlight. Take a look at how he holds up under questionning.
'We checked on everything exhaustively, we didn't find anything', Blankfein said. 'And, frankly, when the book came out, I think a lot of people who reviewed the book couldn't find anything', he says.
Goldman Sachs changed how it calculated year-end bonuses in 2005, corrupting a culture of teamwork that existed previously, according to a book published today by former employee Greg Smith.
Here's a note of what some of the media is saying about Greg Smith's 'tell-all' 'Why I Left Goldman Sachs: A Wall Street Story', which is published today.
Greg Smith, a former Goldman Sachs employee, has accused his former employer of a 'corrosive bonus culture' in a new book released today.