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Great news from Goldman Sachs! Julie Steinberg @ http://www.fins.com/Finance reported in her on-line article, "At Goldman, You're Fired Gently" that Goldman's laid off associates are getting a three month GRACE PERIOD to clean out their cubes and offices!
That's excellent! - a little respect for those who didn't execute the steps that ruined our economy is in order. Being nice to laid off employees is the least Goldman can do after their giant taxpayer bailout and all those counterparty contracts forced AIG to pay 100% on the dollar for Goldman's intentional risky bets/losses during the subprime/CDO crisis that GS executives helped create.
This return to a 'gentle shove' is right in line with how Goldman elbowed business integrity out the door while 'gently shoving' its way to the Fed's Lending window to borrow an additional $30 billion without Congress's, the public's, or even shareholders' knowledge. They do it because they can.
This was shared on LinkedIn on August 3rd: Goldman Sachs Gives Fired Employees a Gentle Shove Out the Door. The firm gives employees a grace period in which... www.fins.com/Finance
Best regards,
TishTrek
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