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OT: 60 Minutes : Greg Smith Interview

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October 21st, 2012 at 9:47 PM
#1
Webber's Pimp
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Joined: 09/12/2010
MGoPoints: 1572
OT: 60 Minutes : Greg Smith Interview

Anybody catch the Greg Smith interview? This is the guy who quit his job at Goldman Sachs by way of an Op-Ed piece published by the New York Times. The interview itself revealed very little that hasn't been said already. But I found Prof. Frank Partnoy's contributions to this piece particularly disturbing. Talk about bending over? How anybody can say with a straight face that Goldman is known for its ethical behavior and good business practices is astonishing. This comes on the wake of a $500 million dollar fine and numerous other fines for misconduct (where of course the firm neither admitted not denied fault). Partnoy is a joke...

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October 21st, 2012 at 9:50 PM | This is football season, (Score:5 Normal)
Bando Calrissian
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Joined: 07/02/2008
MGoPoints: 7911

This is football season, right?

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October 21st, 2012 at 9:55 PM | This probably wouldn't fly in (Score:5 Normal)
Blue-Chip
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Joined: 01/06/2010
MGoPoints: 2950

This probably wouldn't fly in the offseason.

Your friendly neighborhood contrarian.

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October 21st, 2012 at 9:58 PM | I was expecting at least a thin sports angle (Score:5 Normal)
Don
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Joined: 06/30/2008
MGoPoints: 19188

but no.


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October 21st, 2012 at 9:59 PM | or maybe some vague michigan (Score:4 Normal)
andrewG
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Joined: 10/20/2010
MGoPoints: 970

or maybe some vague michigan connection...

niente

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October 21st, 2012 at 10:25 PM | It's there Don....you just (Score:5 Normal)
mGrowOld
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Joined: 10/04/2010
MGoPoints: 13158

It's there Don....you just have to know where to look.  His resume is available on line via his Wikepedia page http://en.wikipedia.org/wiki/Frank_Partno and if you scroll down you'll find this....

 

Service (yrs):   Chair, Appointments Committee (2); Chair, Faculty Colloquium Committee (2); Chair, Junior Faculty Roundtable (4); Director, Law Alumni Board of Directors (2); Treasurer, Law Alumni Faculty Golf League (4); Member, Dean Search Committee (1); Member, Self-Study Committee (1); Member, Appointments Committee (5); Member, Evening Program Committee (1); Member, Curriculum Committee (10); Member, Development Committee (3); Member, Graduate Programs Committee (2); Faculty Advisor, Business Law Society (1).

 

 

 

 

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October 21st, 2012 at 9:58 PM | In before the mods delete... (Score:5 Normal)
andrewG
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Joined: 10/20/2010
MGoPoints: 970

In before the mods delete... yes!!!

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October 21st, 2012 at 10:01 PM | (No subject) (Score:5 Normal)
OMG Shirtless
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Joined: 08/16/2009
MGoPoints: 1486

I put up a tough front, but deep down I just want to be held.

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October 21st, 2012 at 10:03 PM | Don't you have a drum circle (Score:5 Normal)
MichiganManOf1961
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Joined: 05/18/2012
MGoPoints: 800

Don't you have a drum circle to attend?

~Herm

Stop the uniform changes! Contact Dave Brandon 734-764-9416.

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October 21st, 2012 at 10:03 PM | (No subject) (Score:5 Normal)
Marley Nowell
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Joined: 07/31/2008
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"Relax you panic monger" -Megatron

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October 21st, 2012 at 10:03 PM | This (Score:5 Normal)
ChopBlock
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Joined: 12/11/2011
MGoPoints: 1502

This is the single worst thread I've seen since the fake Laquon Treadwell Commits thread. Enjoy Bolivia, my friend.

 

 

"The straightest line from A to B is straight: From A to B"

"When you have Denard Robinson, you can have everything"

~George Walden

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October 21st, 2012 at 10:05 PM | Secret recruit (Score:4 Normal)
cozy200
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Joined: 01/02/2011
MGoPoints: 873

Might as well ask before this gets deleted

Its called a royale with cheese

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October 21st, 2012 at 10:09 PM | Hello: Greg Smith? (Score:3 Normal)
ChopBlock
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Joined: 12/11/2011
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Hello: Greg Smith?

"The straightest line from A to B is straight: From A to B"

"When you have Denard Robinson, you can have everything"

~George Walden

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October 21st, 2012 at 10:12 PM | The Butterfly Effect (Score:3 Normal)
sammylittle
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Joined: 09/29/2008
MGoPoints: 1894

teaches that everything affects everything else. Perhaps Greg Smith and Goldman Sachs did something that affected college recruiting in general or UM football recruiting in particular. In this case, this thread is not OT.

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October 21st, 2012 at 10:22 PM | Next week's UFR: (Score:5 Normal)
ChopBlock
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Joined: 12/11/2011
MGoPoints: 1502

JPMorgan blitzes off the short position; GS fakes a Credit Default Swap to the field and transfers the funds to its EMEA holdings coming the other way. Blankfein (-1) blocks down on the backside Euro Exchange Rate for a moment and then lets it go, then thinks he's messed up and borrows more from Germany. EMEA avoids collapse, then cuts up; Morgan Stanley who is further downfield liquidity-wise now comes up to contain and or tackle; he can't do anything and files Chapter 11. Blankfein ends up liquidating his Euro holdings but after EMEA beat him and doesn't actually make anything useful happen.

"The straightest line from A to B is straight: From A to B"

"When you have Denard Robinson, you can have everything"

~George Walden

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October 21st, 2012 at 10:19 PM | Don't Know About That... (Score:3 Normal)
LSAClassOf2000
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Joined: 01/07/2011
MGoPoints: 8704

According to 247Sports and a recent Bloomberg article, Greg Smith committed to Stanford in 1997 (estimated, based on age). He was initially projected to be an early contributor in their equities division. 

"Funny isn't it, how naughty dentists always make that one fatal mistake."

Follow the random tweets of a Michigan alum - http://twitter.com/#!/LorneEC3

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October 21st, 2012 at 10:20 PM | I used to work with Greg Smith (Score:4 Normal)
LB
LB's picture
Joined: 09/26/2009
MGoPoints: 5045

I'd never have guessed he would be involved in something like this. Of course, it might not be the same Greg Smith.

May you have a strong foundation
When the winds of changes shift

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October 21st, 2012 at 10:26 PM | Apparently he was head of EQD (Score:2)
ChopBlock
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Joined: 12/11/2011
MGoPoints: 1502

Apparently he was head of EQD for EMEA. Sound familiar?

"The straightest line from A to B is straight: From A to B"

"When you have Denard Robinson, you can have everything"

~George Walden

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October 21st, 2012 at 10:32 PM | I would think (Score:2)
BlueinLansing
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Joined: 09/01/2009
MGoPoints: 4186

you could recognize his South African accent

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October 21st, 2012 at 10:31 PM | Um...what? (Score:4 Normal)
jhender85
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Joined: 10/25/2008
MGoPoints: 1376

 

I have no idea what you're saying or what you're talking about, but I'm sure this interview would be quite interesting to someone who did.  I do know, however, is that this really doesn't strike me as something MGoBlog readers care about reading (at least on here), especially the day after beating MSU.

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October 21st, 2012 at 10:42 PM | Webber (Score:1)
ZBarry
Joined: 07/12/2008
MGoPoints: -8

You have no idea what you are talking about.

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October 21st, 2012 at 10:48 PM | Reply to comment (Score:1)
LeoWyatt
Joined: 10/21/2012
MGoPoints: 1

lol. funny.

Football boots sale production then shifted to producing a lighter football boot, which helped kicking and controlling.

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October 21st, 2012 at 10:56 PM | Webber (Score:3 Normal)
Billy Ray Valentine
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Joined: 02/04/2012
MGoPoints: 38

Is probably going to need a new pimp unless there's a big market for retired NBA stars in South America.

"Look Valentine .... whiskey!"

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October 21st, 2012 at 11:02 PM | Greg Smith? (Score:3 Normal)
mark5750
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Joined: 07/29/2010
MGoPoints: 666

I think the OP meant to say Mark Smith the Linebackers coach and was actually talking about post game press confrences?

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October 21st, 2012 at 11:08 PM | Your title confused me. (Score:1)
Michigasling
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Joined: 11/21/2009
MGoPoints: 3271

I watched 60 Minutes tonight and I couldn't remember a sports feature... 

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October 21st, 2012 at 11:38 PM | blah (Score:3 Funny)
gopoohgo
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Joined: 09/12/2011
MGoPoints: 1233

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October 22nd, 2012 at 12:15 AM | (No subject) (Score:3 Normal)
mgovideo
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Joined: 04/07/2009
MGoPoints: 13885

@mgovideo

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October 22nd, 2012 at 4:22 AM | In before the lock (Score:4 Normal)
WeCheerThemAgain
Joined: 11/27/2010
MGoPoints: 466

"I recently heard from fans and friends that Michigan will be great again one day.   In my opinion, Michigan never stopped being great."  --Zac Ciullo

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October 22nd, 2012 at 6:53 AM | What the bleep... (Score:3 Normal)
Tater
Tater's picture
Joined: 08/13/2008
MGoPoints: 10353

I'm still trying to figure out how someone could join in 2010, but not figure out in two years that politics is a no-no here, especially during the season.  

 

 

 

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October 22nd, 2012 at 7:26 AM | Well, the topic isn't exactly (Score:3 Normal)
saveferris
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Joined: 07/02/2009
MGoPoints: 3072

Well, the topic isn't exactly politics, but then again it isn't exactly sports either.  May I refer the OP to the comment boards of the Huffington Post.

 

"...what do you say, is it the new Bluesmobile or what?"

"Fix the cigarette lighter."

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October 22nd, 2012 at 11:36 AM | Vote early (Score:1)
Ernis
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Joined: 09/23/2008
MGoPoints: 2216

And vote often!

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October 22nd, 2012 at 7:06 AM | seems about right (Score:4 Normal)
blueheron
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Joined: 03/26/2009
MGoPoints: 2298

"..."

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October 22nd, 2012 at 10:49 AM | Thanks (Score:3 Normal)
ILL_Legel
Joined: 08/13/2010
MGoPoints: 824

Thank you M Go Bloggers for making me laugh my ass off before going to sleep on Monday night in Shanghai.  You took a disaster of a thread and made it a beautiful thing to me.

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October 22nd, 2012 at 11:42 AM | I'm confused (Score:1 Normal)
StephenRKass
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Joined: 07/15/2008
MGoPoints: 4202

No, no, I didn't catch the Greg Smith interview. I guess I've been in a cave for too long, but who is Greg Smith? How is he related to Michigan? Is he a famous Michigan grad who I somehow never heard of? And even if he is a Michigan grad, how is this post relevant to mgoblog? I google searched "Greg Smith," and see that he did a piece on 60 minutes, and that the NYT has an article on him, but I still don't get it. What am I missing? Much obliged to anyone who can supply the missing link to a clueless heartlander.

"It does not matter how many times you get knocked down, but how many times you get up." Vince Lombardi

 

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October 22nd, 2012 at 3:21 PM | I'm not about to link to it (Score:0 Offtopic)
justingoblue
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Joined: 11/16/2010
MGoPoints: 10854

I'm not about to link to it here, but if you search "Greg Smith, NYT, op ed" you'll see what made him famous (at least to the degree that he's famous).

Go Blue!

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October 22nd, 2012 at 3:16 PM | He did temper that remark by (Score:1)
Drbogue
Joined: 07/22/2011
MGoPoints: 408

He did temper that remark by stating that those "ethical" standards are pretty pathetic coming from wall street. It wasn't really a ringing endorsement of Goldman. It's sort of like saying that the dude whose covered in less mud after the mud bowl is the cleanest guy of the lot.

In Hoke we trust...

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October 22nd, 2012 at 3:19 PM | Please note the use of the (Score:2 Normal)
Drbogue
Joined: 07/22/2011
MGoPoints: 408

Please note the use of the "mud bowl." Hence, at least the response is football related even if the post got interwebzzed 4G transit from the WSJ blog

In Hoke we trust...

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