Thursday 15 March 2012

Scathing resignation letter spawns spoofs

Scathing resignation letter spawns spoofs


Scathing resignation letter spawns spoofs, Goldman Sachs Executive’s “Why I Am Leaving” Op-Ed Gets Parodied, A Goldman Sachs executive's public critique becomes fodder for Internet comedians. An executive for the investment banking firm Goldman Sachs announced his resignation by writing an op-ed piece in the New York Times entitled "Why I Am Leaving Goldman Sachs." Greg Smith, formerly the executive director and head of the firm's United States equity derivatives business in Europe, the Middle East, and Africa, wrote that he was so dismayed by the current state of the banking business, he just could not be a part of it anymore.

Smith recalls starting with the company as an intern 12 years ago while he was a student at Stanford. Smith says the root of the problem is that the "interests of the client continue to be sidelined in the way the firm operates and thinks about making money." He further states that Goldman Sachs is "too integral in global finance to continue to act this way."

Smith says that the culture of the firm was all about "teamwork, integrity, a spirit of humility, and always doing right by our clients," but now the environment has become "toxic."

It did not take long for parodies of the original open letter to pop up online. So far, one of the most popular is the Daily Mash's "Why I am Leaving the Empire," written by Darth Vader. The Lord of the Dark Side complains that "throttling people with your mind continues to be sidelined in the way the firm operates and thinks about making people dead."

There are also more spoof resignation letters, including: "Why I Am Leaving Sea World," "Why I Am Leaving McDonald's," and "Why I Am Leaving Wal-Mart."

via: yahoo

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