Greg Smith, a twelve-year veteran of Goldman Sachs, who had previously appeared on one of Goldman’s recruiting videos, resigned recently. He said he was leaving because the “put-the-client’s-interest-first” culture that had attracted him and held the firm together for 140-plus years had been replaced by a predatory “make-the-firm-money-by-ripping-off-clients” culture. The culture changed as result of a “decline in the firm’s moral fiber.” Smith blamed that decline on CEO Lloyd Blankfein and President Gary Cohn. Smith wrote an article about his departure entitled “Why I am Leaving Goldman” that was published in the New York Times.