" . . . an essay in The New York Times . . . accuses Goldman Sachs of having a money-is-everything culture that is "toxic and destructive."

"How did we get here?" writes Smith, who the Times identifies as having been an executive director at Goldman Sachs and head of the firm's United States equity derivatives business in Europe, the Middle East and Africa. "The firm changed the way it thought about leadership. Leadership used to be about ideas, setting an example and doing the right thing. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence."

It is, as Jacob Goldstein puts it over at Planet Money, a "scathing op-ed." New York University journalism guru Jay Rosen calls it "absolutely devastating." "

NPR.org » Goldman Sachs Starts To Fire Back At Exec Who Quit In Scathing Op-Ed