Goldman Sachs Executive Resigning, Has Ping Pong to Fall Back On

Posted on by TableTennisNation

Update with complete coverage

Updated here with info about Greg Smith’s table tennis skills and where he played

The internet is atwitter this morning with an OpEd piece in the New York Times by Greg Smith, an executive director at Goldman Sachs who is resigning today. In the OpEd piece, which serves as Smith’s letter of resignation, Smith admonishes Goldman Sachs’ culture, how the firm treats clients, and the longterm prospects for the financial services behemoth that he calls “toxic.”

My proudest moments in life — getting a full scholarship to go from South Africa to Stanford University, being selected as a Rhodes Scholar national finalist, winning a bronze medal for table tennis at the Maccabiah Games in Israel, known as the Jewish Olympics — have all come through hard work, with no shortcuts. Goldman Sachs today has become too much about shortcuts and not enough about achievement. It just doesn’t feel right to me anymore.

Hold. The. Phone.

Greg Smith: soon-to-be-former investment banker, scathing article writer, Rhodes Scholar finalist, ping pong near-champion?

Greg, we’re sure you have boatloads of cash saved up from your 12 years at Goldman, so don’t worry about working, just focus on table tennis. In fact, Marty Reisman would be happy to teach you and we’d love to hear more about your ping pong story (we can’t find any historical info about your run at the Maccabiah games). We won’t even ask how much that letter cost you in severance…

If you’re Greg Smith or have any info about the bronze medal he won, send us an email at or give us a call at (646) 481-8861.

Via NYTimes

Updated here with info about Greg Smith’s table tennis skills and where he played

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