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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.

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A new literary prize for critical nastiness

British website to give book critics an award for the diss of the year.
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Novelist Julian Barnes holds his Man Booker Prize trophy after winning the award last October. Hatchet Job of the Year nominee Geoff Dyer called Barnes' prize-winning novel "excellent in its averageness." (Samir Hussein/AFP/Getty Images)

The Hatchet Job of the Year is the brainchild of The Omnivore, a website that aggregates and comments on reviews of books, films and plays. The site was set up by Anna Baddeley, a recent university graduate, who churns out the occasional review for the right-wing Spectator Magazine.

The purpose of the award is to celebrate "artful demolitions" and reward critics "who have the courage to overturn received opinion, and who do so with style," according to Baddeley's manifesto.

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