I am endlessly fascinated by the post-banking career of Greg Smith, the former Goldman Sachs derivatives salesman who left to write a book about being a Goldman Sachs derivatives salesman, though that's partly for idiosyncratic reasons. I'm a lot like Smith, you see. Each of us worked at Goldman, at about the same time, each ending up as a vice president, each hawking equity derivatives, albeit different derivatives to different clients.* And we each gave up those jobs for the more precarious business of writing about the financial industry. It is a quiet bond we share, though unlike Smith my Goldman career did not involve throwing a Ping-Pong tournament to please a client, so I can never fully imagine what it is like to be him.
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