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BNY Mellon Had Some Very Special Interns
- PhantomGremlin 11y agoAs usual Matt Levine writes great articles. In a footnote (Matt loves footnotes) he cites one Financial Times article from 2012, regarding when a Goldman Sachs employee said that clients were referred to as "muppets". Apparently GS investigated and found: Goldman responded by launching an investigation into what was nicknamed internally “the muppet hunt”. The investigators interviewed dozens of staff and sifted through millions of emails, finding about 4,000 “muppet” references. But they said 99 per cent of those referred to last year’s movie of the same name. To which one comment about the FT article said: I didn't realise the film was that popular!! It must have something of a cult following at GS. Other comments were a bit more direct: Really…How can GS proffer this rubbish? This should make the public loathe them even more. Good job GS! Ahhh, good times. Remember when everyone hated GS? BTW You need a password to read the linked FT article. But when you sign up you get a small number per month for free. You then also get to read FT Alphaville for free (it has market commentary).