- HOT NEWS
Commentaries Business Time to worry about what Goldman Sachs of the world are up to
Time to worry about what Goldman Sachs of the world are up to
Wall Street firms like Goldman are making money from all of us.
By Pratap Chatterjee
Who is Goldman Sachs? Wall Street's top investment bank, or a company that treats its clients like muppets in order to make as much profit as possible? And what does that mean for the rest of us?
Greg Smith, a Goldman Sachs executive director and head of the firm's United States equity derivatives business in Europe, the Middle East and Africa, touched off a firestorm last month when he quit the bank after writing a deeply critical opinion column in the New York Times in which he described the company as "toxic."
"The firm has veered so far from the place I joined right out of college that I can no longer in good conscience say that I identify with what it stands for," wrote Smith. "I am sad to say that I look around today and see virtually no trace of the culture that made me love working for this firm for many years."
Read it at the International Business Times
Features
From Lincoln to Life of Pi, a touch of India at Oscars
Academy Award contenders include Delhi Safari in the animation category.
05 January 2013 Read more...Commentaries
The other Gandhi in Washington
During Nat Gandhi's 12-year tenure, DC made an epic turnaround in its finances.
15 March 2013 Read more...Interviews
Film censorship has no place in a democracy: Director Cherian
'Our goal was to tell the story straight and effective — not creating a controversy.'
02 September 2012 Read more...GIN Digest
Smithsonian to host blockbuster yoga exhibition
"Yoga, the Art of Transformation," the first-ever such exhibition, will begin in October 2013.
23 August 2012 Read more...