When Matt Levine, a VP at Goldman Sachs, announced in May that he was leaving his job to become a full-time writer for Dealbreaker, a satirical blog that covers the finance industry, a few colleagues gave him a wary send-off, The Ny Times’ Dealbok reports.
Katie Baker got a similar reaction when she announced that she was planning to leave Goldman’s private wealth management division, where she worked as a vice president, to write for Grantland, a new ESPN sports site. While colleagues in her group were excited, Ms. Baker, 28, had to meet with Goldman executives, who quickly rejected her plans to continue working at the firm for her final two weeks, according to a person with knowledge of the situation.
Restless Wall Street workers often dream about quitting their jobs, breaking the so-called golden handcuffs of high-paying finance careers to chase their passions. But several recent Goldman Sachs employees with interests in the media, arts and other visible industries have found themselves in uncomfortable positions with the firm. At Goldman and other banks whose reputations were damaged in the financial crisis, a public persona can be a liability.
Find out more at http://dealbook.nytimes.com/2011/07/07/at-goldman-mounting-pressure-on-staff-to-keep-a-low-profile/
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