GS on a muppet hunt

Sure enough, following Greg Smith's very public resignation last week, it seems that Goldman Sachs is trying to contain the damage by hunting for emails that mention 'muppet'.

Well, I suppose their IT and Compliance teams don't have anything better to do...

In fact, it's probably not a bad idea; better that they have found, disciplined and perhaps fired the people concerned before a Congressional / Senate / AG investigation does it for them. If they're quick, they might be able to fit it into the current round of redundancies.

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