Greg Smith's public letter illuminates a glimmer of hope in the 'morally bankrupt' world of banking. Arguable our world today.
It may not make that much impact today and I am sure I place more value on his statement than he is really due, but with wikileaks disclosures, News of the World exposures I can help but feel there is a moral backlash that has built up over time. A backlash which is allowing people to choose which side of the moral line we stand.
Principles are there to be tested. We have to put our hands up when we break them and resist apathetic compliance when other stray too far from the path.
Perhaps Greg Smith's public resignation has helped redraw a bit of that collective moral line that is so faded and flexed we have struggle to see it anymore.
Why I resigned from Goldman Sachs
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