GOLDMAN HEIR SPEAKS: Greg Smith Was Right, They Ruined My Great-Grandfather's Company

[swag]

http://www.businessinsider.com/henry-goldman-iii-on-greg-smith-letter-2012-3

Rob Wile

Henry Goldman III, the great-grandson of Goldman Sachs founder Marcus Goldman, says he agreed with Greg Smith's New York Times op-ed criticizing the firm's predatory culture.

"I thought it was spot on," Goldman told Business Insider in an exclusive interview.

Now a semi-retired financial professional currently residing in Colorado Springs, Goldman said the culture had changed "for the worse" since the days when his family maintained direct control over the company.

He added that Smith's views on Wall Street could be applied beyond Goldman.

Read more: http://www.businessinsider.com/henry-goldman-iii-on-greg-smith-letter-2012-3#ixzz1pE2EJdSi

[Newest Reality]

1. Saving face for

the viper?

Goldman Sachs does not have a very goody-good history and has had a very negative impact during a large part of its existence.

Maybe Mr Goldman III is really going way, way back to its inception?

Well, I will leave the details to those who look-up the manipulations of the company and its effects on many people. With that kind of history, who would expect anything else from the blood thirsty?