It’s been a little over 24 hours since the New York Times published the resignation letter of Goldman Sachs executive Greg Smith and in the process inspired some rather brilliant internet parody. The “Jewish Olympics” table tennis bronze medalist’s actions are reportedly causing his former firm to bleed cash.
Goldman Sachs Group Inc. (GS) saw $2.15 billion of its market value wiped out after an employee assailed Chief Executive Officer Lloyd C. Blankfein’s management and the firm’s treatment of clients, sparking debate across Wall Street.
The shares dropped 3.4 percent in New York trading yesterday, the third-biggest decline in the 81-company Standard & Poor’s 500 Financials Index, after London-based Greg Smith made the accusations in a New York Times op-ed piece.
Wow, now that’s how you tell your former employer to kiss your a$s, eh? Not only that, but Greg Smith has also made life miserable for anyone named Greg Smith whenever their name is Googled. Impressive. Dude’s just laying waste to everyone. DO NOT F**K WITH THIS MAN! Oh, and he made Colbert as well…