Why I Am Leaving Goldman Sachs. New York Time Op-Ed. March 14th 2012:

TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.

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posted by Skygazer on Mar 14, 2012 - 150 comments

Is the SEC Covering Up Wall Street Crimes? "A whistleblower claims that over the past two decades, the agency has destroyed records of thousands of investigations, whitewashing the files of some of the nation's worst financial criminals."
posted by homunculus on Aug 18, 2011 - 45 comments

Reuters reports that Goldman Sachs is storing aluminum in several warehouses outside Detroit. Apparently not much aluminum is actually leaving the warehouses. This may help explain the recent spike in the price of - any guesses? - aluminum. [more inside]
posted by mark7570 on Jul 28, 2011 - 155 comments

Meet financial advisor Mike Morgan. He started an anti-Goldman Sachs website to examine "what part Goldman Sachs and their executives played in the current Global Economic Crisis." The investment bank and its lawyers told him to cease and desist. So Morgan sued Goldman (pdf). The response has been overwhelming. Morgan is now organizing volunteers to go after the other banksters. Want to help? There's a webinar scheduled tonight.
posted by up in the old hotel on Apr 15, 2009 - 40 comments

It's Wall Street bonus season. And, as Henry Blodget writes, the folks who have "the good fortune of working in a hot industry in a favorable market environment" are doing extremely well this year. Notably, Goldman Sachs is breaking records with a $16.5 billion bonus pool. That is roughly $622,000 per employee but some employees do better than others: "[Goldman CEO] Lloyd Blankfein, for one, will probably earn a measly $50 million (loser), whereas Morgan Sze (big man on campus), head of GS's principal strategies group in Hong Kong will go home with a check around twice that." Anyway, whether you're a $120K secretary or a $100M trader, author Michael Lewis has some some tongue-in-cheek advice for dealing with poorer relations.
posted by blue mustard on Dec 20, 2006 - 46 comments