Imagine what might be possible if Goldman Sachs put service to clients and society back at the center of the bull's eye and then -- importantly -- modeled for the whole industry the strategy and incentive systems to make it stick.
Author Andrea Kay refers to herself as a Career Whisperer. Her book reminds me of my favorite Tolstoy quote: "Everyone thinks of changing the world but no one thinks of changing himself."
Many of the skeptics took the opportunity to speculate freely about this unassuming Greg Smith figure -- even the name has a kind of Goldmanite uniformity -- and his motivations, often to his detriment. Why did he do it?
Someone should give Messrs. Cohn and Blankfein a copy of Chancellor Strine's opinion. That might cause them to revise their memorandum. Probably not.
Challenging the establishment is as old as history. Sometimes going out directly to the public is the avenue needed to have one's voice truly heard. When leaders and governments fail to address justice, people mobilize.
Now is the time to support companies that create a culture that honors the contract between Main Street and Wall Street.
Greg Smith violated the ancient code of all mafia organizations: he spilled the game to the public. His former colleagues at Goldman Sachs no doubt now see him as a "rat."
The most recent kerfuffle involving the alleged depredations of Goldman Sachs illustrates a fundamental cause of our recent economic problems. No, not...
Like Greg Smith, I came to realize toward the end of my career that the companies I had worked for had changed so much during my two decades with them that I could not in good conscience continue to serve as an industry cheerleader and spokesman.
It was a great week for resignation letters and dropping out of organizations gone astray.
Goldman Sachs writes the "vast majority of people at Goldman" -- people paid by them -- have a different view than Greg Smith. To 'support" an argument with this type of biased data is the statistical equivalent of cheating at cards.
Reagan and Matalin skip who's up-down in the GOP contest to debate spurting gas prices, the constitutionality of "Obamacare" and our exit strategy from Afghanistan post- massacre. Then: do presidential speeches ever matter, Mr. Reagan?
Congratulations Greg Smith for waking up. However, we already knew about the toxic state of the financial culture. We are living through its consequences. It's time for the rest of the bankers to be forced to look in the mirror and for us to take action against them.
This week people have been buzzing about Goldman Sachs executive Greg Smith's high-profile resignation from Goldman and his description of the way tha...