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Europe, explained

Goldman Sachs letter travels fast

Britain reacts to Greg Smith's very public resignation

By now you know about Greg Smith's astonishing public resignation from Goldman Sachs in the pages of The New York Times.

It has excited commentary here in Britain.

"A knee in the nuts," is how The Daily Telegraph's Iain Martin describes it.

The Guardian reminds readers that "Notoriously, one of Goldman's many clients was Greece … who received a helping hand to polish up it's public finances before it joined the euro." It helpfully provides a link to an excellent BBC report on Goldman's relationship to the benighted country.


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