What were the circumstances of his decision to leave Goldman Sachs: Did his unease build over the years, or was there a precipitating incident? Or was he passed over for a promotion? But it was still difficult to determine who Greg Smith was, and where he was coming from. The ping-pong press was hot on the trail. One could gather a few more details about Smith from his Facebook profile, which last night featured a picture of him wearing a Stanford T-shirt under either a black blazer or a black cardigan.
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Turn on desktop notifications for breaking stories about interest? It was explosive stuff. But now the early reviews are in and it looks like Smith's turn to be called a muppet. A lot of the book is a rehash of Goldman's recent troubled history that could have been done from newspaper reports. There's some stuff about Smith's once promising table tennis career no joke and his career struggles. There's a topless woman in a hot tub in Las Vegas just the one? Gordon Gekko's Wall Street it ain't.
Smith doesn't help his cause with a book that is remarkably short on details of wrongdoing — and the few it does contain have been challenged. Problems set in at the beginning with an anecdote about his apprenticeship in Goldman's tough week internship programme. One intern "starts to tear up and runs out of the room" after a grilling about Microsoft stock. Another flounders badly as he is quizzed about "risk arbitrage".
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