Greg Smith
is the author of the financial world’s most well-read breakup letter. You
probably read it: the New York Times
op-ed that Greg used to resign from Wall
Street’s Goldman Sachs, where he claimed the culture was "toxic and destructive".
(If you didn't, it's called 'Why I Am leaving Goldman Sachs' and you can read it here.)
The book is Why I Left Goldman Sachs, and it’s fascinating. Greg takes us
on his personal 12-year journey through the firm, unpacking the sins of the
world's most powerful bank (from letting clients place mistaken orders that net
GS millions to switching its recommendations about whether to buy or sell
options on European banks in the middle of the European debt crisis.) I loved
every minute of reading it.
Disclosure: Greg Smith is a distant cousin of mine, by marriage. He's also a seriously good guy. And I really liked his book, which is well-written, interesting and hugely insightful for readers who know the markets well or who can't distinguish between a hedge fund and a hedgehog.
Disclosure: Greg Smith is a distant cousin of mine, by marriage. He's also a seriously good guy. And I really liked his book, which is well-written, interesting and hugely insightful for readers who know the markets well or who can't distinguish between a hedge fund and a hedgehog.
2. Jane Raphaely Unedited – Autobiography by Jane Raphaely
It’s frank. It’s funny. And it’s as much a slice of
SA history as anything I’ve read lately. Jane
Raphaely Unedited is also a recipe for success, especially if you love your
career almost as much as you love your children.
Chairman of leading media
company Associated Magazines and
publisher of famous titles O, The Oprah
Magazine, Marie Claire
and Cosmopolitan, Jane
tells the story of her underprivileged early life in Stockport, England, and
her arrival in South Africa, where she became a feisty, eloquent thorn
in the side of the verkrampte
Publications Control Board.
This book is, as another reviewer has said, “a
rollicking adventure”.
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