Greg Smith

Why I Left Goldman Sach: A Wall-Street Story

Издательство: Grand Central Publishing, 2012 г.
978-1-4555-5890-2
Книгопечатная продукция

On March 14, 2012 more than three million people read Greg Smith`s op-ed in the Neiv York Times titled "Why I Am Leaving Goldman Sachs." It hit a nerve among the general public who question the role of Wall Street in society-and the callous "take-the-money-and-run" mentality that brought the world economy to its knees a few short years ago. Smith now picks up where that op-ed left off.
His story begins in the summer of 2000, when an idealistic twenty-one-year-old arrives as an intern at Goldman Sachs and learns about Business Principle #1: Our clients` interests ahiays come first. This remains Smith`s mantra as he rises from intern to analyst to sales trader, with clients controlling assets of more than a trillion dollars. Smith describes in page-turning detail how the most storied investment bank on Wall Street went from taking iconic companies like Ford, Sears, and Microsoft public to becoming a "vampire squid" that called its clients "muppets" and paid the government a record half a billion dollars to settle SEC charges.
After conversations with nine Goldman Sachs partners over a twelve-month period proved fruitless, Smith believed that the only way the system would ever change was for an insider to finally speak out publicly. He walked away from his career and took matters into his own hands. This is his story.

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