![]() Smith would doubtless have an explanation for the above, but would he really have left the firm if he had thought a promotion to Managing Director was in the offing? Whatever his answer, that he’d not been promoted after that many years points to his not having been on the Managing Director/Partner Managing Director track. Much as law firms weed out underperformers if they aren’t invited into the partnership after 7 to 8 years, that Smith was still a Vice President at GS after 12 is a red flag of sorts suggesting his days there were numbered. So while the “opportunist” charge would be impossible to prove in full, one has to wonder. This quickly will become apparent once his scribblings are analyzed against greater investment banking realities. My own perspective is that Smith is an opportunist of the first order, and worse for those taken in by his “insider’s account” of what actually goes on within the walls of the world’s foremost investment bank, what he wrote was utterly nonsensical.
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