[GPSCC-chat] Inside look at Goldman Sachs

[Brian Good]

If "Inside Job" is not available at your puiblic library, please contact them and ask
them to buy it.  Offer to buy it for them.  Even "Move On" can get behind this.
I've seen it six times at least.  It's devastating. 






> Date: Thu, 15 Mar 2012 11:14:43 -0700
> From: gerrygras at earthlink.net
> To: wrolley at charter.net
> CC: sosfbay-discuss at cagreens.org
> Subject: Re: [GPSCC-chat] Inside look at Goldman Sachs
> 
> 
> 
> Wes Rolley wrote:
> > Gerry and all,
> > I left Gerry's links on this because it would be easy to compare
> > viewpoints. There is no doubt that this resignation letter OpEd in the
> > NY Times merely confirms all that most progressives believe about
> > Goldman Sachs.
> 
> I agree.
> 
> I felt this article was important for 2 reasons:
> 1) it is an insider's perspective, i.e. a whistleblower,
>     with more to lose from telling the truth
> 2) I think it was a stronger statement than any I had
>     seen before, except for "Inside Job" (which is now
>     available at the Palo Alto library, and it may be
>     at other public libraries too).
> 
> >
> > http://www.nbr.com/leaders-influencers/goldman-sachs-takes-a-hit-after-an-executives-exit-20120314
> >
> >
> > I was surprised at the manner in which this was treated on PBS's Nightly
> > Business Report last night. Key points: much blame goes to current
> > (since 2006) executive leadership; in the long run, it will hot hurt GS
> > very much unless more top people leave.
> 
> I wonder if that's true about not hurting GS.  As the author
> said, trust is important, and this article should reduce trust...
> 
> >
> > The fault, per guest Peter Cohen, lies in having a trader as CEO who
> > puts emphasis on short term results with little attention going to the
> > development of long term relationships with the major customers that
> > they serve. This was a major change in GS culture.
> >
> > This is not an apology for GS, nor an attempt to just lay the blame on
> > CEO Blankenship, but rather an attempt to call attention to the fact
> > that the evil is well entrenched in our culture and much harder to deal
> > with than a single CEO or single company.
> 
> I agree.
> 
> Gerry
> 
> >
> > Wes
> > On 3/15/2012 10:42 AM, Gerry Gras wrote:
> >>
> >> FYI,
> >>
> >> A response from Truthdig:
> >>
> >> http://www.truthdig.com/report/item/at_last_some_decency_on_wall_street_20120314/
> >>
> >>
> >> Gerry
> >>
> >>
> >> Gerry Gras wrote:
> >>>
> >>> FYI,
> >>>
> >>> An inside critical look at Goldman Sachs:
> >>>
> >>> "Why I Am Leaving Goldman Sachs"
> >>> http://www.commondreams.org/view/2012/03/14-5
> >>>
> >>> Gerry
> >> _______________________________________________
> >
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> >
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