Monday, October 22, 2012 - 6:29 AM

Ex-Goldman Banker: 'It's Absolutely Worse Since The Financial Crisis'

From Fortune via CNNMoney

Greg Smith, author of a new Wall Street tell-all that accuses Goldman Sachs, his former firm, of ripping clients off, says the financial crisis and new regulations have done little to curb bad behavior on Wall Street. In fact, in Smith's opinion, they've done the opposite. "It's absolutely gotten worse since the financial crisis," Smith told Fortune in one of his first interviews since finishing the book.

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Greg Smith was interviewed by Anderson Cooper in last night's 60 Minutes.

KenBDG5,144 posts since
Nov 29, 2009
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1. Monday, October 22, 2012 - 10:36 AM

Goldman Sachs Reveals Its Greg Smith Battle Plans

Goldman Sachs is gearing up for the media battle of its life against Greg Smith, whose book on his now-famous resignation from the bank comes out on Monday. Yesterday, to equip its troops for battle, Goldman sent a two-page "Briefing Toolkit" memo full of talking points to all of its employees, and many of its former employees via an alumni mailing list.

Goldman Sachs Reveals Greg Smith Battle Plans -- Daily Intel

Shorebreak1,287 posts since
Apr 6, 2010
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