Wednesday, March 14, 2012

Goldman Sachs and the Smith Resignation Letter

Almost 10 hours have passed since the news about the reasons why Greg Smith left GS was out in the open. This resulted to be an inconvenient truth for many people, which put pressure on the rest of employees that see wrongly things done in their companies and keep quiet. The Smith letter, remind us, that in fact we can do something but again is inconvenient. So far the opinion have judged Smith more than Goldman Sachs,it is quiet outrageous.  "The right way to quit is to just resign and move on, and keep it quiet," says Laura Hill, president of Careers in Motion LLC, a career-coaching firm in New York City. What kind of an advise is this, who is going to put on the table the wrong things within a company? If people are coached like this no wonder why what happen in 2008 happened.