Why I Am NOT Leaving Goldman Sachs
Last week on the New York Times op-ed page resigning Goldman Sachs executive Greg Smith savaged the firm. Smith, a successful executive there, blasted GS for its concentration on its own financial needs rather than on client needs. After twelve years there, he’d risen far, but he was resigning because “I can honestly say that the environment now is as toxic and destructive as I have ever seen it.” My feeling is that such a state of affairs must be lavishly toxic and destructive.
Yet, I – and perhaps you – may be wrong. Apparently there is a silver lining for Goldman Sachs at the end of the dark tunnel. Today, another successful GS executive has entered the fray showering praise on all things Goldman Sachs. The op-ed below is preprinted by permission of the New York Times where it is slated for publication tomorrow.
