03.30.12

Doing God’s work (continued)

Posted in Culture of Lickspittle at 1:04 pm by George Smith

Two weeks ago, the Goldman Sachs man spilling it on the opinion pages of the New York Times:

“Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence …”

Now for the million dollar book offer and tour of tv news programs.

Today:

Greg Smith, the former Goldman Sachs executive who condemned the powerful investment bank in a scathing New York Times opinion column, has landed a deal to write a book about his 12 years at the firm, according to media reports on Friday.

Smith, who resigned from Goldman earlier this month, set off a bidding war when he met with several major publishers earlier this week about a book that would include details of what Smith has described as a toxic culture at the famous Wall Street firm, said a publishing industry source.

The final deal was first reported in Friday’s New York Post, which said Grand Central publishing, an imprint of the Hachette Book Group, paid a $1.5 million advance for the book.

NY Times quote from the book deal winner:

My proudest moments in life — getting a full scholarship to go from South Africa to Stanford University, being selected as a Rhodes Scholar national finalist, winning a bronze medal for table tennis at the Maccabiah Games in Israel, known as the Jewish Olympics — have all come through hard work, with no shortcuts.

It’s really hard not to lose all faith.

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