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Showing posts with label monthly reviews. Show all posts
Showing posts with label monthly reviews. Show all posts

Sunday, 8 April 2012

March 2012 Roundup: Of Muppets, Keynes and Female Risk Aversion

Muppets and God

This was the month that saw Goldman Sachs' Muppetgate, and a $1.5 million book deal for Greg Smith, the man who precipitated it. Perhaps the most interesting revelation was that Smith’s role of “executive director” apparently equates to “teaboy”, if inside reports are to be believed. This grade inflation presumably reaches all the way to the top, or to “God” as CEO Lloyd Blankfein is now known. At least that would mean his much derided comment that bankers were doing God’s work finally makes sense…