Look Sharp/Trade Tight
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Goldman Scans Internal Emails for ‘Muppet’: Sources
Goldman Sachs has begun scanning internal emails for the term "muppet" and other evidence that employees referred to clients in derogatory ways, Chief Executive Lloyd Blankfein told partners in a conference call this week, according to people familiar with the call. In the United States, "muppet" brings to mind lovable puppets such as Kermit the Frog, but in Britain "muppet" is slang for a stupid person. On the conference call with partners this week, Blankfein said the company was taking Smith's claims seriously and was conducting a review of his assertions, including the email scan, according to these people. The ... (full story)
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