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