Why I Am Leaving Goldman Sachs

http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?_r=3&pagewanted=1

 

" To put the problem in the simplest terms, the interests of the client continue to be sidelined in the way the firm operates and thinks about making money. .........."

Salomon Bothers ran the same style shop.
the culture was to offload all the crap to the client and rack up a big bonus at year end.

" Liars poker " by Lewis who worked for the lads in the 80's, chronicles the entire culture and mentality of Wall Street.

you were either a " grunt, wimp or a Big Swingin' Dick.........."

nothing has changed in the past 40 years except there are more zeros on the end of all the numbers.

" Wall street has a grave yard at the top, a river at the bottom and kindergarten with the kiddies in the middle......"

Bozzo the clown is still in charge and pulling the levers.

cheers,

s

 

Why I Am Leaving Goldman Sachs and going to find a job in public service working for the gov't where a “muppet,” is a taxpayer and God's work is "Mom's work" and a mothers job is never done.

Oth, more ammunition for Matt Taibbi, S/A, et al.and yeah, we don't need another Michael Lewis.

 

is this where bud fox worked? sure sound like it.

 

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I'am just a poor boy, nobody luv's me....

easy come , easy go.

s

 

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Goldman's theme song.

s

 

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where all good investment bankers go when they hang 'em up.
s

 

He is not poor, that is for sure.

 

Devasting for the squid that one. Comes right from within.

But then people surely must have worked out by now that if investment bankers come calling, run, hide, say you're broke, whatever you have to do to get rid of them.

Buy from them and you only have yourself to blame.

PS. Currently in the UK there's talk of another big mis-selling scandal by the banks, stuffing up their smaller business clients with very complicated interest rate swap type deals (plenty of very high fees attached but of course skillyfully hidden).

Again, if investment bankers come calling.............

 

Not another big mis-selling scandal.

“Never give a sucker an even break.” P.T. Barnum




s