Goldman Sachs executive's resignation letter speaks to greed vs prosperity

It's amazing that yesterday I began reading the book "Power and Restraint" which defines domestic prosperity as being measured by industrial output, commodity prices, bond and share values, and corporate profits. In order for corporate profits to remain high, does that mean the moral compasses of bankers have to spin out of control?


It appears from Greg Smith's letter of resignation from Goldman Sachs that greed is the motivating force behind some Wall Street firms. I wrote about Goldman Sachs previously in an article - nuns charging them with impropriety (http://wingcomwatchdog.blogspot.com/search?q=nuns) almost a year ago, so if sisters are accusing them, what more can I say!

Greed is a deadly sin defined by Wikipedia as "an excessive desire to possess wealth, goods, or abstract things of value with the intention to keep it for one's self...a very excessive or rapacious desire and pursuit of wealth, status, and power."

How do prosperity and greed become the downfall of people, companies and nations? People are compelled to do what they want to do, and if there is no morality, fear of God, or punishment, the devil takes charge!

I'm sure the courageous and possibly hounded Mr. Smith will have many critics, however, the opposite of greed is charity and although GS is in the business of making money, it appears that some at the company serve the former sin instead of the latter virtue.

And Smith resigned one day after a new pr guy was hired, which means Jake Seiwert, who is another Wall Street insider, will probably not tell the truth either and we will continue to be in the dark when it comes to what is happening in Goldman Sachs' morality room. When you keep doing the same corrupt things and promoting the same corrupt sort of people, you will get the same corrupt results.  

I checked the Goldman Sachs career website, and there are no openings for Morality Counselor posted. Why not hire someone like me with a fresh view to come in and HELP Goldman Sachs with its image? IMAGE IS EVERYTHING! My resume can be found on LinkedIn. My moral compass is fixed, and I have proof that I passed the ethics portion of the PMI exam with 100%.

God, please keep me in your care.

©2012 Tomi Johnson. All rights reserved.