The Greg Smith Continuing Saga along with other news

Why I Left Goldman Sachs, Chapter Three: “My Alleged Competition”By Bess Levin in Dealbreaker
On Monday morning, Grand Central Publishing will release Why I Left Goldman Sachs: A Wall Street Story, a memoir penned by former Goldman employee Greg Smith, based on his op-ed for theNew York Times entitled, “Why I Am Leaving Goldman Sachs.” When Smith’s piece came out last March, few if any senior executives inside the bank were pleased, in part because it came as a total shock. No one at Goldman had known Smith was planning to have his resignation letter printed in the paper. No one had known he had issues with the firm’s supposedly new and singular focus on making money at all costs. No one, at least at the top, even knew who Greg was. Obviously all this left the bank at a competitive disadvantage in terms of fighting back and for the time being, Smith appeared to be handing Goldman its ass. Getting cocky, even. Perhaps thinking to himself, “When all of this is over, I could be named the new CEO of Goldman Sachs.”  As anyone who has ever won a bronze medal in ping-pong at the Maccabiah Games will tell you, however, winners are determined by best of threes. And that anyone going to to the table with Goldman Sachs should be prepared for things to get ugly.
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‘Muppet man’ book has Goldman Sachs on hoopla watch David Robertson in Behind the story:Goldman Sachs is working to defuse attack by disaffected trader, Greg Smith, who alleges that colleagues referred...Read More...click here

Goldman Sachs moved to pre-empt the expected controversy surrounding the launch of a book by one of its former employees by claiming that the author quit the bank after his $1 million pay demand was rejected.
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More News About Greg Smith... 

Goldman Sachs Tell-All Leaked ABC News (blog) Greg Smith, the former Goldman Sachs vice president made famous for his scathing op-ed/resignation letter in the New York Times, is in the news again–this time for his 276-page book, “Why I Left Goldman Sachs: A Wall Street Story”, scheduled to be ... See all stories on this topic »

ABC News (blog)

Goldman gives its version of angry employee's departure
Chicago Tribune
NEW YORK (Reuters) - Just days before publication of a book promising to expose a rampant culture of greed at Goldman Sachs Group Inc , the Wall Street company is writing its own story about the book's author. Greg Smith, a former Goldman salesman ...
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Now We Know What Happened In That Las Vegas Hot Tub With Greg Smith
Business Insider
... f——— clue what he was doing." So far, the book sounds pretty tame. What's more is Goldman Sachs CEO Lloyd Blankfein told CNBC last week that he's "not really concerned about the revelations" from the book, but he's "not looking forward to the ...
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GOLDMAN STRIKES BACK: Bank Says Greg Smith Wrote 'Muppets' Op-Ed After ...
Business Insider
In his scathing op-ed, Smith described the bank's environment as "toxic and destructive" and claimed that senior level Goldman employees referred to their clients as "muppets" in internal emails. Smith's memoir "Why I Left Goldman Sachs: A Wall Street ...
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Goldman paints ex-employee Smith as bitter
Ninemsn
The banker who branded Goldman Sachs a "toxic and destructive" firm focused on milking clients is depicted in an internal Goldman report as an underperformer who was frustrated with his pay and prospects. Goldman released details to media Thursday ...
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US will not prosecute Goldman Sachs, employees for Abacus deal

GS666:  This is old news but worthy of publishing here.  A real travesty of justice.  Actually, NO JUSTICE AT ALL.  We can show and prove all the guilt in the world against these banksters yet for some reason our government regardless of which party is in control refuses to take appropriate action against the crimes committed.  If it were you or I or Tourre or a few select others, the government would have us locked up before we could spell Goldman Sachs.

Aug 9 (Reuters) - Neither Goldman Sachs Group Inc nor its employees will face U.S. criminal charges related to trades they made during the financial crisis that were highlighted in a 2011 U.S. Senate report, the Justice Department said on Thursday.   Read More...click here