Did you see the story where a guy who was a derivatives vice-president at Goldman Sachs says that he resigned (after making a fortune there for 12 years) because he suddenly found that all the people there were interested in making money, and did not put their clients first? His name is Greg Smith and he wrote an op-ed piece in the New York Times this week about how evil his coworkers were.
Imagine the shock! A company is out to make a buck, well, several million bucks a minute. Goldman Sachs is the honorable firm that had the honor of a paying a $550 million dollar fine a couple of years ago for misleading the investors, and now, hold the presses! They're in business to make money off people who invest their money to make more money than people who just put their money in the bank, or a mayonnaise jar.
I await the fallout. Next thing you know, leading executives at McDonald's will quit because they came to realize that the Golden Arches are selling beef. Bigwigs at Wendy's will blurt that Wendy's hair was not really red. Baskin will reveal that he never could stand Robbins, and General Motors will finally have to quit making Buicks, thereby depriving the over-80 set of their favorite ride.
Corporations are people, my friend. A very wise man said that last summer at the Iowa State Fair. Corporations are people, and heaven knows, people have their problems. I am certain that Mr Greg Smith will be giving away his vast fortune, all accrued during his time at Goldman Sachs, as he shudders to see the ill-gotten gains that now sadden him so.
Mr Smith, could you write me a check? I want to help you feel better!