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How to avoid being a Wall Street muppet
On March 14, 2012, Greg Smith resigned from Goldman Sachs in an op-ed published by the New York Times. It was a notable moment in financial history for a couple reasons. First, Smith leveled an embarrassing public resignation at a storied American investment firm. People don’t just up and quit Goldman that way. (Though the firm has drawn its share of wrath, most famously in a Rolling Stone article by Matt Taibbi that described it as “a great vampire squid wrapped around the face of humanity.”) Perhaps more notorious was the introduction of the word “muppets” into the lingua franca of finance. After 12 years ... (full story)