State University of New York Institute of Technology
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Greg Smith- Cashing in on Greed

Greg Smith, a Goldman Sachs executive, recently quit his job by writing a scathing op-ed for the New York Times about his employer.  Citing the company’s greed when it comes to dealing with clients as his main reason for quitting, Smith has now sold rights to his book about the bank for $1.5 million.  This raises a serious ethical issue.  Not only did Smith actively take part in the rampant greed at Goldman Sachs, he is now cashing in on bashing the company.  It seems seriously unethical to take part in illegal and greedy behavior, and then make money by telling your story about it.


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