I have first hand experience working at Goldman. I was a temp there for something like 3 years. It was a lot of fun and I learned a lot about how the world works...mostly after I had left. I actually quit to work for a start up skunk where I put in my dues and got out next to nothing (material that is). If I could do it over again, I'd probably try to do things differently, but would probably end up in the same boat. Goldman was the best of the best. I watched people go through the interview process, I saw 2 year analysts get trashed at the Christmas parties, I made them institute a dress code for casual Friday because I had a different idea of casual. It was a great time in my life. Now seeing GS trading lock and step with Citi is quite surprising. I don't know much about Citi except that I closed my account with them 10 years ago because I didn't like their fees back then. I'm sure I'd have a cow if I knew what they charge now. I wonder why people are fleeing from GS shares? Maybe the gold standard is no longer Goldman. Too bad, but I guess you reap what you sow.
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