Goldman Sachs exec leaves sinking ship in disgust

Goldman Sachs exec leaves sinking ship in disgust

 One of the most notorious Wall Street firms that became a symbol of corporate greed and disdain to its own clients in the wake of the 2008 financial crisis is in hot water again. This time it’s after a Goldman Sachs top executive resigned in disgust.

In a bombastic editorial published in The New York Times on Wednesday, an outgoing executive from Goldman Sachs blasts the investment bank as a heartless company that he says thrives in a culture he calls both “toxic” and “destructive.” Greg Smith, most recently a top exec at the London office of Goldman Sachs, writes in the Times on Wednesday that moral corruption behind the scenes of the legendary Wall Street institute came close to causing the collapse of the firm over nearly a century and a half..... MORE

Source: RT.com

URL: http://rt.com/usa/news/goldman-sachs-smith-times-571/