After 20 analysts at investment bank Goldman Sachs were caught cheating on an internal company test, the employees were fired and made an example of.
CEO Lloyd Blankfein told Bloomberg News, “We don’t care about the cheating but if you’re dumb enough to get caught, we don’t want you working for us and getting caught by the feds. The only purpose for the test is to see who gets caught.
“Getting caught cheating is a sign of incompetence in this business and lose’s our clients trust. There will always be a place for cheating in finance, investments, and, banking, but we have a zero tolerance policy towards being caught, especially internally. Don’t get caught and move up the latter. Get caught and go work at McDonalds.”
The employee’s belongings were thrown out the 20th story window and scattered all over Wall Street for fellow finance guys to see and remind them, “Don’t get caught cheating like a moron.”
