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The book "Why I Left Goldman Sachs" written by former Goldman Sachs Group Inc Vice President, Greg Smith, is pictured in New York, October 22, 2012.
The book "Why I Left Goldman Sachs" written by former Goldman Sachs Group Inc Vice President, Greg Smith, is pictured in New York, October 22, 2012.
(Lucas Jackson/Reuters)

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Disgruntled Goldman trader is the real muppet

The Goldman Sachs exposé by a disgruntled former trader hasn’t gone quite according to plan. Greg Smith, who quit the bank earlier this year by publishing an op-ed in the New York Times, doesn’t blow the lid on anything new or untoward about Goldman or even the industry. The real revelation is what his tenure says about the firm’s apparent erosion of employment standards.