March 2012

Frank Boland
March 30, 2012

Imagine resigning from a $500,000 a year job with an open ended future, on principle.  Greg Smith, a young Goldman Sachs derivatives salesman, did just that and wrote an OP-ED column published in the New York Times.  The next day the story was on the front page.  But there is an even bigger story.

Greg Smith said about Goldman, “I...

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There is only one side of the market and it is not the bull side or the bear side, but the right side.

– Jesse Livermore