In which Greg Smith, (now former) Goldman Sachs executive director, offers a master class on how to compose a letter of resignation. tl;dr: Goldman is lately less about making money for its clients than making money for Goldman and I want no part of these shenanigans.
Entries Tagged as 'goldman sachs'
Can We Call It The Global Omega Fund Now?
September 15th, 2011 · 2 Comments · goldman sachs
…cuz Goldman Sachs’ Global Alpha fund is coming to an end. Clients are withdrawing their moneys left and right, and word has it the fund is down -12% YTD: Goldman Sachs Group Inc., the fifth-biggest U.S. bank by assets, will shut its Global Alpha fund after clients pulled money from the quantitative trading pool that [...]
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Jail: It’s Not Just For Poor People Anymore
April 14th, 2011 · 3 Comments · all ur bankz, goldman sachs
So as it happens, during hearings before a Senate panel last year, Goldman’s Lloyd Blankfein might have lied a little (a lot) about his firm’s position in the mortgage market. We know, we should have asked you to sit down before reading this shocking news. Trust us, we were every bit as surprised (none) as [...]
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$GS Misses The Point
July 29th, 2010 · No Comments · all ur bankz, fail, goldman sachs
Let’s say, for the sake of argument, that you and I had devised a deal that would make us a lot of money at the expense of someone else. We would, of course, never do such a thing, but let us pretend. This being the 21st century, we would, naturally, communicate about this deal via [...]
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Goldman Sachs: The Movie
July 24th, 2010 · 3 Comments · goldman sachs
Documentary maker Ric Burns (brother of Ken) is in the middle of shooting (what else) a documentary about vampires and squids, so naturally Goldman came up. This hard-hitting piece will expose, once and for all, the seedy underbelly of America’s most evil corporation, shining the light of truth and justice on its many misdeeds, and [...]
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