Thursday, March 15, 2012

An open letter to Goldman Sachs

The Epicurean Dealmaker pens an awesome open letter to Goldman Sachs.

And yet your firm still pretends that you put your clients’ interests first. Bullshit. You are a giant f***ing hedge fund which has been trading for its own account for years. The rot has even extended into one of the last presumed bastions of client service left at your organization: M&A advisory. You don’t have clients anymore; all you have are counterparties.