WIRE-BLOOMBERG  ·   March 14, 2012

Goldman Sachs Executive Criticizes Firm's Culture

- March 14 (Bloomberg) -- A departing Goldman Sachs Group Inc. employee mounted an unprecedented public attack on its "toxic and destructive" culture in a New York Times opinion piece, becoming the first serving insider to openly criticize the firm. Goldman Sachs said it disagreed with comments made by Greg Smith, identified by the newspaper as an executive director and head of the firm's U.S. equity derivatives business in Europe. Gigi Stone and Christine Harper report on Bloomberg Television's "In the Loop." (Source: Bloomberg) ()

- March 14 (Bloomberg) -- A departing Goldman Sachs Group Inc. employee mounted an unprecedented public attack on its "toxic and destructive" culture in a New York Times opinion piece, becoming the first serving insider to openly criticize the firm. Goldman Sachs said it disagreed with comments made by Greg Smith, identified by the newspaper as an executive director and head of the firm's U.S. equity derivatives business in Europe. Gigi Stone and Christine Harper report on Bloomberg Television's "In the Loop." (Source: Bloomberg) ()

Goldman Sachs Executive Criticizes Firm's Culture (4:06)

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