Perhaps most surprising about last week’s news that 20 Goldman Sachs analysts were dismissed from the elite banking organization for cheating was how easy it was for test administrators to catch the offenders — highlighting the fact that those cheating should have known their unsophisticated search tactics could be so easily tracked. Presumably tech savvy millennial Goldman Sachs recruits used traceable company computers to cheat on tests Goldman Sachs is more often than not the subtle bank that, on a relative basis, keeps its head above water out of the fray. It is perhaps for this reason that when Bloomberg News…
Is Goldman Making A Statement By Firing Cheating Junior Executives?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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