Goodbye to Goldman: Will Blankfein be next?
Some day, when they write the definitive history of Goldman Sachs (GS), Wall Street’s 143-year-old warehouser of brass rings, the date March 14, 2012, will stand in infamy. If you haven’t already heard, that’s when Greg Smith, an executive with the bank in London, resigned with guns a-blazing, in a corporate revenge fantasy worthy of a sequel to Office Space. The 12-year veteran—he started as a summer intern during college—penned an op-ed in the New York Times that wasted zero time to cut to the damning chase.
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