“Morally bankrupt” is how a recently departing Goldman Sachs executive described the culture of the investment bank. As noted in Business Day, this view “is common among the bank’s critics, many of whom see the firm as a symbol of Wall street’s excesses and a culture of greed which has wreaked havoc on US business […] … learn more→

The worst damage to the Goldman Sachs franchise from the extraordinary attack on its corporate culture by a mid-level former employee comes from its clinical execution. With exquisite timing, Greg Smith’s opinion piece for the New York Times coincided with the early release by the Federal Reserve of stress test reports into the American banking […] … learn more→