Did people at G-S see that coming? How long was he in negotiations with the NYT?
Great read, head over to the Times’ site for the full article, but I find this quote below especially appalling especially because of the cool-headedness with which it is expressed. No doubt quite a bit of editing went into this sentence.
I hope this can be a wake-up call to the board of directors. Make the client the focal point of your business again. Without clients you will not make money. In fact, you will not exist. Weed out the morally bankrupt people, no matter how much money they make for the firm. And get the culture right again, so people want to work here for the right reasons. People who care only about making money will not sustain this firm — or the trust of its clients — for very much longer.