In the public eye Goldman Sachs’ headquarters in New York.
A former executive’s parting shot at the investment bank has shaken Wall Street.
Until early Wednesday morning, Greg Smith was a largely anonymous 33-year-old mid-level executive at Goldman Sachs in London.
Now everyone at the company – and on Wall Street – knows his name.
Smith resigned in an email message to his bosses at 6.40am London time, laying out concerns that Goldman’s culture had gone haywire, putting its own interests ahead of its clients.
“The assertions … do not reflect our values” … Lloyd Blankfein, Goldman boss.
What the email did not say was that about 15 minutes later, an opinion article he had written detailing his criticisms was to be published in The New York Times.
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