Comment on At Goldman, short-term greed vs. long-term greed

At Goldman, short-term greed vs. long-term greed

For Goldman Sachs, the real damage of the last two days didn’t come from disgruntled trader Greg Smith’s resignation op-ed. It came from Goldman’s defenders. Many of the replies said, either explicitly or in effect, of course Goldman rips off its clients if doing so will help it make money. Only the naive would think otherwise.

 

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