Op-Ed Cost Goldman Sachs $2.15 Billion Yesterday – Business – The Atlantic Wire

15 Mar

Greg Smith’s unflattering glimpse into Goldman Sachs’ corrupt culture triggered a financial blow to the firm Wednesday, as the company lost $2.15 billion of its market value, making Smith’s 1,283-word op-ed worth a whopping $1.675 million per word.

Goldman Sachs, as Bloomberg reports, saw it shares drop 3.4 percent in trading Wednesday

But they’ll make it up in volume.

via Op-Ed Cost Goldman Sachs $2.15 Billion Yesterday – Business – The Atlantic Wire.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: