Greg Smith,head of the United States equity derivatives business in Europe,the Middle East,and Africa for Goldman Sachs resigned because

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In his resignation letter, Greg Smith stated that he was leaving Goldman Sachs because he felt like the firm had lost its focus on serving clients' best interests and had become more interested in making profits at the expense of clients. He did not mention any personal performance issues, a better job offer, or the threat of being fired.

Greg Smith,head of the United States Equity Derivatives Business in Europe,the