Former Goldman Sachs employee Greg Smith has cost the company more than $2 billion in stock value since his op-ed piece ran in the New York Times yesterday. Smith’s very public jump from the company at the top of the Wall Street food chain has raised some questions about Goldman’s internal culture, it’s capacity to learn lessons from past mistakes and it’s ability to control its own brand. The Takeaway co-host John Hockenberry reports from London, where he spoke to banking blogger Joris Luyendijk.
At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.
Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!