Beyond Goldman Sachs: the nasty culture | Comment is free |

The resignation letter on the New York Times opinion page today by Goldman Sachs executive director Greg Smith is shocking. But dozens of interviews with people working in finance in London over the past months for the banking blog suggest that it’s not only Goldman Sachs where clients are treated like “muppets” getting their “eyeballs” ripped out. And it’s not only clients that are exploited. Investment banks treat their own employees exactly the same way. Continue reading…

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Filed under Corporations, Economy, Financial crisis

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