Greg Smith leaves Goldman Sachs in a blaze of glory

[Larry Edgerton]

I would not want to be him right now.

Someone life is about to get miserable. Why do it? Nothing will change except his quality of life. Six months from now he will be a forgotten footnote, but you can bet that GS will not have stopped making his life miserable.

I don't know if he thought this out completely.

Fun watching though........

Larry

[Mike Archambeau]

It would not be unusual for a person like this to have a book about to be released. If that is the case the press he gets is helpful in promoting his book. And he will probably have a career in journalism now instead of finance. btw that hit that GS stock took on the day his atricle was released erased $2,200,000,000 from Goldman Sach's market capitalization and hit every Goldman partner right in their wallet.

[David Weaver]

Well, it's a temporary hit in equity. It will recover once the news blows over. Most of the clients don't have any preconceived notions about brokers, dealers, and advisors anyway. They already know that such folks will take as much as they can get.

[jeremy levine]

Firms once operated under the idea "be careful it's other peoples money" now they operate on the idea "don't worry it's other peoples money"