Wednesday, March 14, 2012

Goldman Sachs Insider Resigns, Reveals ‘Toxic’ Culture In Which Managers Called Clients ‘Muppets’

Goldman Sachs Insider Resigns, Reveals ‘Toxic’ Culture In Which Managers Called Clients ‘Muppets’: pLast year, Goldman Sachs faced a significant amount of heat when internal emails — in which, bankers described a financial product they sold to clients as a “shitty deal” — became public. Goldman trader Fabrice “Fabulous Fab” Tourre became the face of a bank that cared more about its own internal trading profits than serving [...]/p