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Originally posted by jws43yale
Originally posted by sheepslayer247.....let alone an Exec. Director of a division in GS!
Just to clear up any confusion "Executive Director" doesn't mean all that much at GS. An ED is the same as a VP for non-US client facing business and isn't all that high up the food chain. Not to say the letter didn't have good points but in a 12 year career at GS, this guy should at least be an MD if not a partner. He is not the "Director of a Division". In fact he is junior to ~475 partners and likely 1000+ MDs.
He is 12 years into his career and has likely spent 5 to 6 years as an ED when you normally get promoted to MD after 3 years. In all honesty it sounds bit like this guy was unhappy that he had gotten stuck with no chance for promotion.
This article provides a bit better overview of the realities of this guy: dealbreaker.com...
Originally posted by zarp3333
What a load of pre-packaged, multimillion dollar Madison Ave bull ship! This apologist a-hole parachutes away with untold millions of dollars he ripped off his muppets. If he were being sincere, which he obviously is not, he would have offered to donate his ill-gotten goods from participating in the single most evil, destructive, manipulative disease to ever infect our planet.
Sure Bozo, you never saw any crimes being committed, you lying sack of skata. We are simply suffering from a case of misplaced values. Everything will be just fine once we get rid of two individuals.
I say tell it to a judge and tell it to God. Goldman Sachs/Federal Reserve/Rothchilds is responsible for more pain and human suffering than Hitler, Stalin and Pol Pot multiplied by Hirohito and the Bush crime syndicate.
Go to Hell and don't ask me for some crumbs or a glass of water you filthy hypocrite.
At Goldman, we pride ourselves on our ability to scour the world’s universities and business schools for the finest sociopaths money will buy. Once in our internship program, these youths are subjected to rigorous evaluations to root out even the slightest evidence of a soul. But, as the case of Mr. Smith shows, even the most time-tested system for detecting shreds of humanity can blow a gasket now and then. For that, we can only offer you our deepest apology and the reassurance that one good apple won’t spoil the whole bunch.
Money As A Religion
The above-detailed process has become so ridiculous that William Grieder, former assistant managing editor of the Washington Post, wrote a book in 1987 entitled, "Secrets of the Temple: How the Federal Reserve Runs the Country" that details how the Controllers have conditioned us to accept this absurd situation.
To modern minds," he writes, "it seemed bizarre to think of the Federal Reserve as a religious institution. Yet the conspiracy theorists, in their own demented way, were on to something real and significant. The Fed did also function in the realm of religion. Its mysterious powers of money creation, inherited from priestly forebears, shielded a complex bundle of social and psychological meanings. With its own form of secret incantation, the Federal Reserve presided over awesome social ritual, transactions so powerful and frightening they seemed to lie beyond common understanding.
money is a function of faith, people believe it is worth something...paper with ink on it...lol?
Originally posted by soficrow
ATS members have been all over the exodus. Along with many others, I assumed the mass resignations are evidence of rats leaving a sinking ship.
This letter provides a bit of an alternate perspective. Maybe, just maybe, we'll see a sea change in how our world conducts business.
(visit the link for the full news article)
Originally posted by NeoVain
Originally posted by DataWraith
reply to post by NeoVain
I hate to disagree with you but those bankers that are leaving are not the good guys, they are the rats leaving the sinking ship that is the rustbucket Economy.
They are the ones that hope to disappear into the shadows and out of peoples minds when the lynch mobs finally get off their Xboxs and Ipods, they leave to evade 'justice' in what form she decides to take.edit on 14/3/12 by DataWraith because: (no reason given)
You clearly did not understand the OP. This guy is telling the reason he is leaving is because it makes him sick how they treat their customers, like muppets basically. Does this make him a bad guy for not choosing to do this any longer??edit on 14-3-2012 by NeoVain because: (no reason given)
Originally posted by prisoneronashipoffools
Having read the letter in it's entirety, I have to say it's one of the most brilliant and insightful things I have read in while.
And I have read many of the posts, as well saying he is a low man on the totem pole in the company; who cares, titles and accolades only really impress fools, who like to judge everything and everyone in a superficial way; while wise people listen to the words of others and judge their truth, merit and worth alone. I have also read others comments that he is just another rat abandoning the ship and I say once again, why judge him by his superficial appearance, why not just examine his words; the contents of his mind?
Having, read his words and weighing them alone, I once again say they are very insightful and brilliant, because he has clearly captured the experience of the creeping and corroding vitriol; the worshiping of vain and false virtues, that has been taking root and hold not just in Goldman-Sachs; and other companies in the financial sector, but really all of society as a whole. Over the course of my life, I have seen almost all of humanity, slowly become drunk with madness and darkness, and throw away the banner and the moral compass of virtues; like truth, integrity, knowledge, wisdom, honor, pride in workmanship and even compassion, and in their place society seems to have wholeheartedly hoisted new banners and erected a new moral compass; a compass guided by the three false virtues; the lust and pursuit of profit, fame, and power.
And, I know many of you will say, "there has always been people pursing those false virtues." and those who say that would be right, but I would also say, that at one time those people were the minority, it wasn't all of society lowering themselves to those standards. Even, in my youth and amongst the people I have seen around me family, friends, neighbors, countrymen and humanity as a whole, people use to be a lot better. The majority of people helped each other and people would give freely of their time and effort, but, those days are gone and now it seems, everyday more and more of the masses and the structures of our society are growing every more introverted and focused on nothing but, and only for the sake of profit, fame and power. It is one thing to want to spend time and effort on making money to make sure your family is safe and secure and to have a nice life, but it is another thing completely, when ALL of your effort, energy and time is spent on profit,fame, and power; that is obsession.
And really, I can't believe I am the only one who has seen this ever accelerating moral degradation of society, and reading this mans letter, at least I know one other person has seen it, at least within the walls of the company he worked for; goldman-sachs. Because, that is what is happening not just inside the corporations, but within our neighborhoods, homes and streets; society as a whole has become about nothing more and nothing less then the pursuit of profit. We do not do things we should if we can not profit from it; even if it could feed the hungry, clothe the destitute, heal the sick and the lame, and we do things we should not do if there is a profit to be made in it; pollute our world and environment, endlessly claw every last resource from the surface of the earth, even alter the DNA of our crops and playing craps with the entire food production of the world. This isn't capitalism, this isn't business, this the darkness of greed and it's gripping us all; inside the boardroom and on the streets. Money is not the root of all evil; love and worship of money is.
And, one final thing I would like to say about the moral decay of human society is, it's accelerating, every year it seems to amplify and unless society changes it's course and tries to revive and live up to the lost virtues, all of us will continue on this path until it's inevitable conclusion; a world full of wealthy corpses.
edit on 15-3-2012 by prisoneronashipoffools because: typoedit on 15-3-2012 by prisoneronashipoffools because: edit
...the resignation and article is a move from the elite to push for congressional hearings "to kill the last vestiges of the capital-raising mechanism in the US. Kill it. Kill it dead. After these new hearings take place, the ability for average people to raise capital – already doubtful – will be improbable indeed." [quote from the article]