Wall Street


Wed March 14, 2012
The Two-Way

Goldman Sachs Starts To Fire Back At Exec Who Quit In Scathing Op-Ed

Originally published on Wed March 14, 2012 12:25 pm

Chris Hondros Getty Images

Greg Smith is a fairly ordinary name — but it's now one that's all the talk of Wall Street after he quit his position at Goldman Sachs today in one of the most amazingly public ways:

With an essay in The New York Times that accuses Goldman Sachs of having a money-is-everything culture that is "toxic and destructive."

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Wed March 14, 2012
Planet Money

Goldman Sachs Exec: 'People Talk About Ripping Their Clients Off'

Chris Hondros Getty Images

Greg Smith, an executive director at Goldman Sachs, is resigning today after 12 years at the firm. He has a scathing op-ed in this morning's NYT, running under the headline "Why I Am Leaving Goldman Sachs":

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Tue January 24, 2012
It's All Politics

Analysis: New Team To Probe Mortgage, Banking Fraud

Originally published on Tue January 24, 2012 8:16 pm

The president has announced a new special investigations unit to dig into fraud and wrongdoing in the mortgage and banking system in the run-up to the financial crisis and housing market collapse:

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Thu January 5, 2012
The Two-Way

Report: Shortly Before MF Global Collapse, Corzine Was Château Shopping

Originally published on Thu January 5, 2012 12:11 pm

Former MF Global Holdings Ltd. Chairman and Chief Executive Officer Jon Corzine testifies on Capitol Hill in Washington.
Susan Walsh AP

In its February issue, Vanity Fair has a long report on Jon Corzine, the former head of Goldman Sachs and former Democratic governor of New Jersey. Corzine has been in the news lately for his role in MF Global, which last year collapsed spectacularly and left $1.2 billion in client money missing.

The piece talks to friends and former associates of Corzine and paints a picture of a CEO who took great risks and micromanaged.

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Thu December 8, 2011
The Two-Way

Corzine Apologizes, Defends Actions Of MF Global, May Invoke Fifth

Originally published on Thu December 8, 2011 11:11 am

Former New Jersey Gov. Jon Corzine (D).
Mario Tama Getty Images

Former New Jersey senator and governor Jon Corzine, who led MF Global as it spectacularly collapsed in a bankruptcy that has left $1.2 billion in client money missing, is due at a House Agriculture Committee hearing this morning to face questions about what happened.

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