On March 14, 2012, more than three million people read Greg Smith's bombshell Op-Ed in the New York Times titled "Why I Am Leaving Goldman Sachs." The column immediately went viral, became a worldwide trending topic on Twitter, and drew passionate responses from former Fed chairman Paul Volcker, legendary General Electric CEO Jack Welch, and New York City mayor Mike Bloomberg. Mostly, though, it hit a nerve among the general public who question the role of Wall Street in society -- and the callous "take-the-money-and-run" mentality that brought the world economy to its knees a few short years ago. Smith now picks up where his Op-Ed left off.His story begins in the summer of 2000, when an idealistic 21-year-old arrives as an intern at Goldman Sachs and learns about the firm's Business Principle #1: Our clients' interests always come first. This remains Smith's mantra as he rises from intern to analyst to sales trader, with clients controlling assets of more than a trillion dollars.From the shenanigans of his summer internship during the technology bubble to Las Vegas hot tubs and the excesses of the real estate boom; from the career lifeline he received from an NFL Hall of Famer during the bear market to the day Warren Buffett came to save Goldman Sachs from extinction-Smith will take the reader on his personal journey through the firm, and bring us inside the world's most powerful bank.Smith describes in page-turning detail how the most storied investment bank on Wall Street went from taking iconic companies like Ford, Sears, and Microsoft public to becoming a "vampire squid" that referred to its clients as "muppets" and paid the government a record half-billion dollars to settle SEC charges. He shows the evolution of Wall Street into an industry riddled with conflicts of interest and a profit-at-all-costs mentality: a perfectly rigged game at the expense of the economy and the society at large.After conversations with nine Goldman Sachs partners over a twelve-month period proved fruitless, Smith came to believe that the only way the system would ever change was for an insider to finally speak out publicly. He walked away from his career and took matters into his own hands. This is his story.ReviewA portrait, in Proustian detail, of a world and a mentality that is utterly alien, and should be infuriating, to most of us on Main Street. -- Mark Gongloff, Huffington PostA personal tale of one person caught up in a wave of greed, betrayal, and a complete disregard for the standards that had made Goldman Sachs the most trusted name on Wall Street.-- David Siegfried, Booklist[Greg Smith] did what we would all hope that our own banker would do: he spoke out publicly about something that was wrong.-- Hamilton Nolan, GawkerAbout the AuthorGreg Smith resigned in the spring of 2012 as the head of Goldman Sachs's United States equity derivatives business in Europe, the Middle East, and Africa. Born and raised in Johannesburg, South Africa, Smith graduated from Stanford University and went to work for the firm full-time in 2001. He spent his first ten years in the New York headquarters before moving to London in 2011. He currently lives in New York City.

zlib/History/American Studies/Greg Smith [Smith, Greg]/Why I Left Goldman Sachs: A Wall Street Story_5464817.pdf

Wirklichkeitsglaube und Überschreitung : Entwurf einer Metaphysik

Smith, Greg (Economist)

Sandra Lehmann

Verlag Turia + Kant

Business Plus

United States, United States of America

First edition., New York State, 2012

1st ed, NEW YORK, 2012

Wien, Austria, 2012

Austria, Austria

Wien, 2011

6, 2012

lg_fict_id_1526413

Includes index.

An insightful and devastating account of how Wall Street lost its way from an insider who experienced the culture of Goldman Sachs first-hand. On March 14, 2012, more than three million people read Greg Smith's bombshell Op-Ed in the New York Times titled "Why I Am Leaving Goldman Sachs." The column immediately went viral, became a worldwide trending topic on Twitter, and drew passionate responses from former Fed chairman Paul Volcker, legendary General Electric CEO Jack Welch, and New York City mayor Mike Bloomberg. Mostly, though, it hit a nerve among the general public who question the role of Wall Street in society -- and the callous "take-the-money-and-run" mentality that brought the world economy to its knees a few short years ago. Smith now picks up where his Op-Ed left off. His story begins in the summer of 2000, when an idealistic 21-year-old arrives as an intern at Goldman Sachs and learns about the firm's Business Principle #1: Our clients' interests always come first. This remains Smith's mantra as he rises from intern to analyst to sales trader, with clients controlling assets of more than a trillion dollars. From the shenanigans of his summer internship during the technology bubble to Las Vegas hot tubs and the excesses of the real estate boom; from the career lifeline he received from an NFL Hall of Famer during the bear market to the day Warren Buffett came to save Goldman Sachs from extinction-Smith will take the reader on his personal journey through the firm, and bring us inside the world's most powerful bank. Smith describes in page-turning detail how the most storied investment bank on Wall Street went from taking iconic companies like Ford, Sears, and Microsoft public to becoming a "vampire squid" that referred to its clients as "muppets" and paid the government a record half-billion dollars to settle SEC charges. He shows the evolution of Wall Street into an industry riddled with conflicts of interest and a profit-at-all-costs mentality: a perfectly rigged game at the expense of the economy and the society at large. After conversations with nine Goldman Sachs partners over a twelve-month period proved fruitless, Smith came to believe that the only way the system would ever change was for an insider to finally speak out publicly. He walked away from his career and took matters into his own hands. This is his story.

Begriffe wie »Singularität«, »Ereignis« oder »Überschreitung« sind in den zurückliegenden Jahren zu Knotenpunkten der philosophischen Diskussion geworden. Die Autorin bezieht sich auf diese Konzepte, begründet sie aber von einer ganz anderen Seite. Ihr Ausgangspunkt ist eine neue Fassung des Wirklichkeitsbegriffs, den sie mit und gegen die Bezugsgrößen der klassi­schen Antike, des deutschen Idealismus und der Phänomenologie entwickelt. Von besonderer Bedeutung für die so versuchte neue philosophische Grundlegung ist die Spätphilosophie Schellings, dessen kategoriale Unterscheidung von quid-sit (was etwas ist) und quod-sit (dass etwas ist) Sandra Lehmann aufgreift und eigenständig weiterentwickelt. Wirklichkeit wird in dieser Konzeption zur »inneren Transzendenz des Phänomenalen«.

"I don't know, but I'll find out"
Fall and rise
The springbok has landed
The end of something
Welcome to the casino
Hunting for elephants
Looking into the abyss
The four clients
"Monstruosities"
London calling
The wild west.

Reveals the unsettling changes that prompted the author to resign from the once-esteemed investment bank, as he discusses his growing disenchantment with the company's corporate culture and its exploitation of its clients.

2020-04-25