A SENIOR executive at Goldman Sachs executive has exposed the bank's "toxic" greed and "immoral" culture in a scathing resignation letter.
Greg Smith said the powerful investment bank had lost its "moral fibre" and revealed that its managing directors regularly referred to clients as "muppets"
He said in the letter, which was published in The New York Times, that staff had so little respect for clients they called them "muppets" and talked of "ripping eyeballs out".
Read more: http://www.news.com.au/business/worklife/we-ripped-out-the-eyeballs-of-our-muppet-clients-goldman-sachs-directors-blistering-attack-on-banks-toxic-greed/story-e6frfm9r-1226299935559#ixzz1pCBG9suF
