Thursday, March 15, 2012

The Letter and Its Effect

The resignation letter/op-ed by former Goldman Sachs Executive Greg Smith published in the New York Times yesterday lost the company $2.15 billion in the stock market yesterday (making Smith's 1,283-word op-ed worth a whopping $1.675 million per word. -The Atlantic) and is also apparently hurting investment business the recruitment of college talent.

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