Sallie Weeps Blood, Greg Smith Cashes In, Breaking Up the Banks and More

Sallie Krawcheck gave what is likely the most graphic description of big bank complexity, while Goldman Sachs prepares for ex-employee Greg Smith's supposedly tell-all book. Here what people are saying about these newsmakers, breaking up the big banks and the euro's continued troubles in this week's top quotes.
September 14, 2012


7. Career Guidance

We think the historic two-year program is no longer the best approach for hiring and developing the careers of analysts in our banking and investment-management divisions. Making this change allows us to emphasize the longer-term career opportunities available at the firm.

—A spokesperson for Goldman Sachs discussing the bank's move to end contracts and bonuses for its legendary junior analyst program.

Source: A Bump in Path to Wall Street

[Related Coverage: As Markets Finally Celebrate the Euro, Charles Schwab Launches New Global Investing Platform.]

Wall Street & Technology encourages readers to engage in spirited, healthy debate, including taking us to task. However, Wall Street & Technology moderates all comments posted to our site, and reserves the right to modify or remove any content that it determines to be derogatory, offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM. Wall Street & Technology further reserves the right to disable the profile of any commenter participating in said activities.

 
Disqus Tips To upload an avatar photo, first complete your Disqus profile. | Please read our commenting policy.
 
< Previous1 2 3 4 5 6 7 8 Next > 

< Previous1 2 3 4 5 6 7 8 Next >