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Why I Am Leaving Goldman Sachs


Greg Smith, bis gestern Geschäftsführer bei Goldman Sachs, kündigt per Zeitungskommentar - nachzulesen in der New York Times (14.03.2012), hier ein paar Auszüge seiner Bemerkungen zum Thema Geschäftsgebaren und Kultur:

"TODAY is my last day at Goldman Sachs.[...] I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.

“Goldman Sachs is one of the world’s largest and most important investment banks and it is too integral to global finance to continue to act this way.”

„It might sound surprising to a skeptical public, but culture was always a vital part of Goldman Sachs’s success. It revolved around teamwork, integrity, a spirit of humility, and always doing right by our clients. The culture was the secret sauce that made this place great and allowed us to earn our clients’ trust for 143 years. It wasn’t just about making money; this alone will not sustain a firm for so long. It had something to do with pride and belief in the organization. I am sad to say that […] I no longer have the pride, or the belief.“

(mehr)

“When the history books are written about Goldman Sachs, they may reflect that the current chief executive officer, Lloyd C. Blankfein, and the president, Gary D. Cohn, lost hold of the firm’s culture on their watch."

“I hope this can be a wake-up call to the board of directors. Make the client the focal point of your business again. […].Weed out the morally bankrupt people, no matter how much money they make for the firm. And get the culture right again, so people want to work here for the right reasons.”

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