Greg Smith appeared on "60 Minutes" on Sunday, stirring serious interest in his book "Why I Quit Goldman Sachs," which publishes today. Smith scored a book deal after writing an explosive New York Times op-ed after leaving the company.
Smith spent 12 years at Goldman Sachs, starting as an intern and working his way up to a position as a vice president. "Why I Quit Goldman Sachs" is an indictment of the investment firm's corporate culture, which, in the end, Smith found intolerable.
He accuses his colleagues of a number of offenses; they include treating clients with disrespect, calling those they took to be unsuspecting dupes "muppets." In coverage of the book, Smith himself is getting the muppet treatment.
Under the headline "Who are the muppets now? Goldman exposé falls short of hype," Reuters writes, "Reviewers, who received copies of the full book, have panned it for being a sleepy read with no big revelations -- or worse, misleading."