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Report: For A Few Days In July, Goldman Employees Were Forced To Endure Offensive-Looking Water

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Discolored tap water afflicted Goldman’s Lower Manhattan headquarters in July. The annoyance, familiar to anyone who has spent time in New York City, caused some hand-wringing (if not hand-washing) among the firm’s employees, for whom 200 West Street is usually a sanctuary of comfort. Water used for coffee and ice took on a yellowish color, and theories percolated among the staff as to what might be behind it. The construction at the World Trade Center site down the street? The fact that the building, which opened in October 2009, was still relatively new? Something else entirely? [...] The cafeteria, located on the 11th floor, began serving free coffee, apparently using an alternative water source. Service workers made the rounds, stocking the firm’s pantries with water bottles. But not everyone was satisfied. “People were hoarding water,” said one employee, who asked not to be identified because she was not authorized to speak publicly about the matter. “People would take two, three bottles of water at a time rather than just take one.” [...] “We took these precautions out of the utmost of caution,” David Wells, a Goldman Sachs spokesman, said in a statement, “but tests of the water showed there wasn’t a problem with the quality.” [Dealbook]


Fox Business Senior Email Correspondent: Thousands Of Goldman Employees Saw Muppet Movie, Wanted To Talk About It The Next Day

Late last week, investigative reporter Charlie Gasparino came out with a bombshell story: after reading former employee Greg Smith's allegation that he'd seen and heard colleagues refer to clients as "muppets," the British term for stupid people, the firm launched an investigation into the claim (e.g. searched emails for said word). On Friday, Gasparino breathlessly reported that while  Goldman did find some muppet mentions, they referred to the Jason Segal film and were not malicious in their intent (quoth CG: "GS found no evidence of malicious muppet talk in emails).  While a lesser journalist would have been content to take the source at his or her word, Charles Gasparino is no such journalist. He get kept digging on this one and now, amazingly, has more to add: "People close to Goldman tell FOX Business 98% of the email muppet use referred to the movie. Sources at Goldman also say the malicious muppet use in emails involves name calling among colleagues; apparently at Goldman they call each other muppet. Sources say the firm find no evidence so far to substantiate Smith’s claims that people were talking about clients.” Gasparino on Muppet Movie Referrals in Goldman Emails [FBN]