“We often forget…what the other side of the cliff looked like [in 2008],” said financial journalist Andrew Ross Sorkin to a packed Cubberley Auditorium on Saturday afternoon. “[We forget] how bad it was…and how far we were about to fall.”
Employers interested in participating in the program can choose one of three membership levels: a “Platinum Partner” company, which pays $10,000 a year receives the ability to send unlimited emails to targeted Stanford students and alumni, among other benefits.
Greg Smith ’01 is a former executive director and vice president of investing banking firm Goldman Sachs.
Wall Street recruitment of elite university students has gained increased media attention in recent months and was one of the main topics addressed at a discussion in Crothers hall Tuesday.
As Stanford students frantically try to secure summer internships and jobs upon graduation, the popularity and presence of prominent Wall Street firms such as Goldman Sachs and Morgan Stanley has led to a University-and nation-wide debate concerning the recruiting presence of these firms on campus.
The Occupy movement that began as a protest against Wall Street has been showing some worrying signs of devolving into a protest against capitalism. We have previously praised the attention drawn by these protests to critical issues of economic inequality and unrestrained financial sector risk-taking, among other things, but we believe this change of course threatens to detract from the group’s original purpose.