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by testinomy 5205 days ago
The author must be really angry at Goldman. Didn't he get his 500k bonus, but only 200k? The other thing I learned is that corporations are out there to make a profit. Who would have thought? However, as an outsider, it's good to have some insight into the real business model of Goldman. It appears it partly relies on information asymmetry, i.e. ripping off clients without them knowing. This business model seems to have been damaged by this bad PR that aims to dissolve illusions of the clients. I hope this kids gets his bonus, but probably Goldman will just fire him after such a move. This is what happens when there are too many greedy hands wanting the honeypot, but one isn't satisfied. Not that unique to Goldman to be honest. When your business model relies on information asymmetry, whistle blowers can be a real pain. To combat that Goldman must discredit the source, and distract from the topic, which is what we saw here in their response.