How A Departing Goldman Sachs Insider Made The Case For The Volcker Rule

How A Departing Goldman Sachs Insider Made The Case For The Volcker Rule: pGoldman Sachs executive director Greg Smith became a former Goldman Sachs executive director this morning after he penned a resignation letter in the New York Times that confirmed virtually every negative characterization of the bank. Smith slammed the “toxic and destructive” Goldman environment, in which directors referred to their clients as “muppets” and traders worried [...]/p