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Thread: Why a senior executive is leaving Goldman-Sachs

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    PookyNR is offline 3D VIP 2005, '06, '07, '08, '09, '10, '11, '12, '13, '14
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    Default Why a senior executive is leaving Goldman-Sachs

    http://www.nytimes.com/2012/03/14/op...man-sachs.html

    I found this article pretty interesting. I have two family members (as well as a number of friends) in the high end wealth management business. This article describes a shift in the culture of the financial management world that goes far beyond Goldman Sachs.

    Having been burned by some of these financial product sales people, this article confirms: caveat emptor. We're often being sold products with hidden fee structures that are good for the firm but not in our best interests.
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    Nathan

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    Todd Robbins
    TX3 Productions, Inc.
    www.toddro.com

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    PookyNR is offline 3D VIP 2005, '06, '07, '08, '09, '10, '11, '12, '13, '14
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    Quote Originally Posted by Todd Robbins View Post
    Yes. The broken promise of keeping Wall Street out of the White House is one of my biggest beefs with this administration - especially seeing just how poorly our economic situation is being managed. Where does Goldman end and the White House begin? I don't know any more.
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    You could ask that question here, but I doubt you'll get an answer...

    http://explore.data.gov/ethics/

    ^ This has to be one of the most laughable websites in the universe!
    Todd Robbins
    TX3 Productions, Inc.
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    PookyNR is offline 3D VIP 2005, '06, '07, '08, '09, '10, '11, '12, '13, '14
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    Quote Originally Posted by Todd Robbins View Post
    You could ask that question here, but I doubt you'll get an answer...

    http://explore.data.gov/ethics/

    ^ This has to be one of the most laughable websites in the universe!
    Now you're just trying to make me cry, aren't you?

    Am I the only one without a small type signature?

    Nathan

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    Quote Originally Posted by PookyNR View Post
    Now you're just trying to make me cry, aren't you?

    The US Gubmint creating an ethics website is a lot like The Moonlite Bunny Ranch creating a website on abstinence...
    Todd Robbins
    TX3 Productions, Inc.
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    Continuing - interesting story developing...

    http://www.nytimes.com/2012/03/15/bu...ll-street.html
    Todd Robbins
    TX3 Productions, Inc.
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    Quote Originally Posted by Todd Robbins View Post
    Continuing - interesting story developing...

    http://www.nytimes.com/2012/03/15/bu...ll-street.html
    Wow. I'm glad this story is getting legs...
    Am I the only one without a small type signature?

    Nathan

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    You guys act like this is some sort of surprise bombshell. Seems more of one man's awakening than a paradigm shift in GS...
    Ken Morgan
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    Quote Originally Posted by Wireline View Post
    You guys act like this is some sort of surprise bombshell. Seems more of one man's awakening than a paradigm shift in GS...
    I don't think of it so much as a bombshell as it is not something usually covered in the NYT, or the press in general. Exposing the ties to the Obama admin was a nice touch too.
    Todd Robbins
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