You Can't Say Sh*t at Goldman!

Literally: Firm has banned swearing in emails, texts, chats
By Emily Rauhala,  Newser Staff
Posted Jul 29, 2010 5:25 AM CDT
Updated Jul 29, 2010 6:30 AM CDT
You Can't Say Sh*t at Goldman!
Zip it.   (AP Photo/Haraz N. Ghanbari)

This is a whole new kind of Wall Street cleanup: Goldman Sachs has banned naughty words. In the wake of a $500 million fine for fraud, the fabled firm has decided to screen employee emails for a bevy of naughty words and phrases. Although they've yet to set out specific consequences for curses, habitual pottymouths can expect a talking-to from their manager, notes the Wall Street Journal.

Goldman isn't the only firm with trash-talking traders. One former Merrill Lynch stock analyst, Henry Blodget, once used the acronym "POS" to describe a stock he was touting. He was later fired. "There is case after case of email disaster," says a former federal prosecutor. "But it seems to be an unlearnable lesson."

(Read more Goldman Sachs stories.)

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