Ex-Goldman Exec Gets Book Deal

    A trader works in the Goldman Sachs booth on the floor of the New York Stock Exchange Thursday, March 15, 2012. Greg Smith, an executive director at Goldman Sachs, resigned with a blistering public essay that accused the bank of losing its "moral fiber," putting profits ahead of customers' interests and dismissing customers as "muppets." (AP Photo/Richard Drew)

    Richard Drew

    Turning anti-greed is good—for Greg Smith’s bottom line, that is. After quitting Wall Street’s most notorious investment bank by publishing his resignation letter in the opinion pages of the New York Times, the former Goldman executive director has stuck another harpoon in the vampire squid, scoring a $1.5 million tell-all book deal, according to the New York Post. Smith inked the whopper of an advance with Hachette Book Group on Thursday. The payday is reportedly three times what Smith was making a year as a banker. Next stop, Hollywood!

    Read it at New York Post