Fallout from Former Goldman Sachs Employee Piece in New York Times

Thursday, March 15, 2012

Committee Chair Sen. Carl Levin (D-MI) and ranking member Sen. Tom Coburn (R-OK) listen to testimony from Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group, on April 27, 2010 (Chip Somodevilla/Getty)

Former Goldman Sachs employee Greg Smith has cost the company more than $2 billion in stock value since his op-ed piece ran in the New York Times yesterday. Smith's very public jump from the company at the top of the Wall Street food chain has raised some questions about Goldman's internal culture, it's capacity to learn lessons from past mistakes and it's ability to control its own brand.

The Takeaway co-host John Hockenberry reports from London, where he spoke to banking blogger Joris Luyendijk.


John Hockenberry

Produced by:

Leo Duran

Comments [1]

Jed from San Francisco

"its" both times, not "it's". If you can't substitute "it is" for "it's" then there should be no apostrophe.

LOVE John Hockenberry and have been a fan for decades. So glad to discover Takeway (on the BBC!).

Apr. 12 2012 10:22 PM

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