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MANILA, Philippines – It was public, it was viral. Greg Smith, executive director and head of Goldman Sachs’ US equity derivatives business in Europe, the Middle East and Africa, resigned on Wednesday, March 14, in the most public way possible – through the opinion pages of The New York Times. Goldman Sachs “is as toxic and destructive as I have ever seen it,” Smith wrote in his resignation letter published by the prestigious newspaper. Titled “Why I am leaving Goldman Sachs,” the letter shook the entire business community and electrified the Twitterverse.
Read his resignation letter in The New York Times