GO
Loading...

Enter multiple symbols separated by commas

Anonymous Source Belittles Goldman Exec

Greg Smith, Goldman Sachs
CNBC
Greg Smith, Goldman Sachs

Goldman Sachs seems to be starting to fight back against Greg Smith, the employee who penned the acid resignation Op-Ed in The New York Times this morning.

In what sounds like a possible leak from Goldman's PR-team, a "person familiar with the matter" questions Smith's claim to have held an important role at the firm.

DealJournal reports:

Mr. Smith described himself as an executive director and head of Goldman’s U.S. equity derivatives business in Europe, the Middle East and Africa.

A person familiar with the matter said Mr. Smith’s role is actually vice president, a relatively junior position held by thousands of Goldman employees around the world. And Mr. Smith is the only employee in the derivatives business that he heads, this person said.

Some at the firm think things might get ugly.

"They're going to want to destroy this guy's credibility. Watch for more leaks about him," said one person at the firm.

Another agreed.

"He's pi**ed off the wrong guys. And they're not going to take this lying down," the person said.

Follow John on Twitter. (Market and financial news, adventures in New York City, plus whatever is on his mind.) You can email him at john.carney@nbcuni.com.

Questions? Comments? Tips? Email us atNetNet@cnbc.comor send a text message to: 9170740-8477.

Call us at 201-735-4638.

Wall Street

  • Robert Shiller

    Nobel Prize-winning economist Robert Shiller says that his key valuation indicator is flashing warning signs.

  • Lael Brainard

    The Fed is in the early stages of an analysis on changes in bond market liquidity, amid signs that liquidity may be less resilient than in past.

  • Bill Gross

    Janus Capital acquired a majority interest in Kapstream Capital and said Kapstream's Palghat will support Bill Gross as co-portfolio manager of the Janus Global Unconstrained Bond strategy.