Greed Culture at Goldman Sachs

The article linked below from the NY Times today further reinforces a lot of the recent discussion we are hearing on the culture of many banks over the last decade or so, and how they internally score their goals:

Greed – 1     Clients – 0

It also raises the concerns on where risk management, and integrity and ethics, play a  part in the business model. Worth a read indeed!

If you thought this was interesting, take a look at this article on John Reed’s interview on the global financial crisis.