A year ago I wrote about my shady derivatives dealings during my time at Citigroup -- first in "Legerdemath," for the Boston Review, and then in "How to Deceive a Client Without Really Trying," for The Huffington Post. The corporate-derivatives team I described working in dealt mostly with fixed-income derivatives. However, I also spent some time in a counterpart of sorts to the Goldman Sachs group Greg Smith recently resigned from, equity derivatives. His New York Times piece, reflecting on the deterioration of ethics he witnessed during his tenure in finance, prompted me to dust off some old memories..
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