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Gregory Giangrande looks at the difference between burning bridges and being a whistle blower
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Welcome back everybody.
Joining me right now on -- is Gregory.
It did I say that right as she did well -- thank you very much -- BEV executive vice president EVP as we say and chief human resources officer at Dow Jones and Wall Street Journal.
Is that correct is there a gap between Iran we're talking March Madness but -- is not really talking not any that the NCAA.
Way.
I don't know if you guys have heard about this that there is not bed in New York Times written by a guy who just resigned from Goldman Sachs.
And it was not exactly.
We -- does guys you know or weren't too happy with that they that this guy really rip them apart essentially.
The message Gregory was that Goldman Sachs is just their budget -- it's like a lot you know what you saw the -- Wall Street that's exactly what's going on there.
First of all when you see you read the -- -- what was your first reaction well.
As HR executive my first reaction to -- to think about RK.
This more context here where the circumstances surrounding his departure -- what with the company say about this.
Many more questions than just major I mean this a populist theme there of course it had a Jerry Maguire aspect to -- -- Sort of a working class kind of you know little guy against the big bad company and certainly Goldman Sachs is a target what did he say I don't know what did he say in your mind that that that.
-- portrayed him as sort of the little guy going up against Goliath.
Well he he talked about the cut the company he worked for is no longer there and the company that is that cared about it's people that you -- a culture.
Caring and believing in what you were doing in the greater burden nurturing people -- -- had those kinds of things and it's no longer that now it's -- company about making money.
How about result out of France not a very superficial level you know I had those kind of things that I can understand certainly understand why it ricocheted across the world yeah on the Blogosphere and and social media and regular media but when you're really sit down to try to -- -- conversation about it and really think about what went on here.
There -- no sympathetic players.
He was there for twelve years.
He Goldman Sachs certainly has been taking a beating the press for the past four years.
You he's made -- you one would imagine lots of money off of that very culture.
And now all of a sudden he's decided not -- -- things changed in the last year -- Goldman Sachs changed from when they went from a partnership.
To a public company that is.
Providing shareholder value investment bank there to make money some of what the news was there.
Well the word is you know of course you got people criticizing him saying on this guy was just disgruntled because he was being promoted he was you know one of its very 121000.
And and is similar position.
That's why I'm saying you have you have to reserve judgment -- you never know it's very easy -- my hip -- -- he hit the jackpot on the senate is there it's too easy to be up from Goldman Sachs I guess that's -- -- not was certainly not making excuses for Goldman Sachs and their behavior that's been well publicized for the past four years they are doing damage to human.
-- -- -- -- what the circumstances are around any employee who feels motivated.
To do something like this is not how they -- recommended at that both employees doing yeah.
Because I mean this guy and he's a fairly fairly young guys and he's you know where's it gonna apply now -- have I don't know upon hiring C I could hear them.
Shaking in my boots IC has an -- on the.
Yeah you would think that another employer -- rise so when I read this I also thought it was curious that he he wove it into the op Ed piece.
Essentially his entire -- What he did there how much money he had under control and it -- clients.
The fact that he was -- finalists for the Rhodes scholar and he was a bronze medalist in table tennis.
I mean if he's -- if you want to talk about the culture of Goldman Sachs and why he's leaving what was the point of weeding in his entire -- if not what.
-- -- but to promote himself I therefore because they will will be will be another company that would hire someone like him far.
Perhaps I think -- not be surprised if we see him starting his own firm.
-- are in becoming a pundits and you know and in talking about the you know hundreds and being critical of of the industry.
But I'll play devil's advocate here they -- -- guy is just.
But you know trying to let everybody know this place is is.
Now it's lousy.
So that -- -- -- -- people awesome Mike I wake up as America why did you stay there for twelve years it didn't just change overnight and if you want to point back to let's say the financial crisis of four years ago when it started with the 2008.
He made a lot of money during this past four years he was there for those four years he said if this toxic this is another curious what if.
