Goldman’s CEO Hunting For “Muppets”

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Goldman Sachs CEO Lloyd Blankfein is in full damage control mode after former employee Greg Smith's scathing op-ed of the banking giant in The New York Times. After Smith claimed last week that five Goldman managing directors used the term "muppets" (ie. British slang for stupid person) to refer to clients, Blankfein is now searching emails for evidence, Reuters reported. Fallout from the op-ed cost Goldman more than $2 billion in market value in a single day.

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