(Cross-dressed from The Free Speech Zone)
Goldman Sachs Group Inc. is wasting no time fighting back against a disgruntled executive who lit up the Internet Wednesday morning by tendering his resignation via the op-ed pages of the New York Times.
The executive, Greg Smith, blasted Goldman for betraying its historic culture and putting profits ahead of client interests. He said Goldman executives talk openly about ripping off their clients, who sometimes are referred to internally as “muppets.” His incendiary take on Goldman culture quickly became a flashpoint on Twitter and elsewhere. It doesn’t exactly jibe with doing “God’s work.”
A Goldman official confirmed that Mr. Smith, who worked for the Wall Street firm for nearly 12 years, most recently in London, resigned from Goldman this morning.