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Turn Back The Clock! Today's Top Runners Talk About Their High School Careers

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You are reporting the following post to the moderators for review and possible removal from the forum

Poster: cmurph
Subject: RE: Why I Am Leaving Goldman Sachs
Body:


hmmm let me see wrote:

My first thoughts were "hell yeah, buddy!" i am glad to see that at least some people who work in banking have some dignity and aren't OK with leeching off off of the rest of us. My second thought was, "all of my suspicions have been confirmed". I'm sure the corporate culture is the exact same at BOA, Merill lynch, etc etc. Lastly, im thinking that the reason goldman has so many "muppets" is because it was built on solid work and customer trust. People had no reason to distrust them until recently. The reason this man is leaving shows that the short sighted idea of ripping people off only works because they trust you, and is the beginning of the end for them unless some serious changes take place.

Maybe the author will eventually realize that a career in this area has very little nobility or honor. It only has money. And people only respect the banker's money, not the person behind it in the overpriced suit. This isn't true respect in my mind. When I think banker, I immediately think overpayed, materialistic ahole. To even get into this career means your sole goal is to make $$, and many people admittedly hate doing the work. Thats why they rip people off and try to make so much, so then can finally quit their unrewarding and terrible jobs. You guys may have money, but you have no dignity or respect. Enjoy your lives as aholes, we all hate you. How you can justify your lives and lifestyle is beyond me. Suck it.


The vitriol in this comment is absurd, unjustified and most likely founded in ignorance of what investment bankers actually do. I don't work in investment banking and am far from a apologist for the industry but you are really off-base here. Investment banks are extremely important in aiding corporations in the process of raising capital, a key driving force in economic development. There are no doubt plenty of materialistic people in the industry who are motivated by money, but that doesn't mean that their existences are meaningless and they all find their jobs to be "unrewarding and terrible".

As for their salesmen trying to rip people off? Well no shit. Salesmen in every industry are, at some level, trying to rip you off. The issue isn't salesmen ripping people off, it's salesmen not achieving the proper balance between getting a good profit out of your sales and maintaining a trusting relationship with your clients.
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