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PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 11:43pm On Mar 22, 2012
jmaine: Too much talk makes you sound like an overgrown foolish kid. . Like i said . .am here for you . .



We all are aware you are the self acclaimed Intellectual Lord of the cretins . . . So it takes a cretin to identify one . .moreso a cretinous god like you
You are a person!

You resort to the illiterate adages of a failed product as usual.

Don't worry, by the time you are done on the grill, you will admit you are the one that is a cretin! grin

You made an error to stop running, suya! cheesy

jmaine:
So in your wisdom . . . Alams conviction for financial embezzlement makes him worth segregating and alienating from other perceived criminals in the PDP cartel who have also embezzled public funds without any form of conviction . .

Singling Alams out makes your moral hot air so shallow, idiotic, stvpid and silly . . . You should be advocating for GEJ not to be seen among his PDP cronies cos they are composed of individuals seen as criminals purnishable by the Law . .a trait evident in all political parties in Nigeria

You all screaming to the high heavens are just blowing unnecessary hot air . . . It takes joblessness to expend so much energy screaming your cretinous lungs out over a shallow and wanting moral arguement

You are a cretin!

Yes, the fact he is a convicted criminal FOR LOOTING makes him being worth segregated from contributing to the decisions of a ruling party of a nation corruption is killing, you person!

What a stewpid question!

Cretin! When people are convicted or even charged, then as a principled president you distance yourself as much as possible to not give them any leverage or discourage the people about fighting corruption.

Fooool! You cretinous arse sees nothing wrong with it? Which schools failed you? Start by naming the State poly.
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 10:45pm On Mar 22, 2012
jmaine: ^^
https://i1233.photobucket.com/albums/ff390/ShaneDawg021/th_amareyuck.pngDefend what Saga -Cretin . . .that you are all jobless and crazed for banging your head on the wall that GEJ sat close to Alams during a PDP function . .I repeat cretinous god . .You all screaming to the high heavens are all buncha crazed jobless fellas . .

Am here for you . . .
[flash]
https://www.youtube.com/watch?v=yytbDZrw1jc&feature=BFa&list=FLRUGdBFtrNhxxTkghQ0Qegg&lf=plpp_video[/flash]

You person!

You are here? You sure? You are no more running or trying to distract. grin

Do you want to be garnished with onions and tomatoes or you want to be a plain suya? grin

So it is a PDP function makes it okay the President is seating and liaising with a convicted, shameless criminal?

You are a cretin.

So he can't refuse to sit next to a criminal and be pictured with a criminal?

You think in sane countries, Presidents let a convicted criminal seem important and connected by being shown miggling with them?

You are a cretinous product of a failed education system?
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 10:24pm On Mar 22, 2012
jmaine: As for you Saga - Cretin. . . . a self acclaimed intellectual cretinous goblin like you . . . You must be joking for thinking am running away from your constant unnecessary bleats that wont get anyway . .bang your head for all i care on this thread . . .You stand in the breath as those crazed fools with no jobs . . .This was a PDP affair you foul Cretin god . . .
You are a person!

Defend your statement and stop trying to distract.

Have some balls! grin

I bet this is what you did when you saw me quote you and started heating the grill for your suyaing.

[flash]
https://www.youtube.com/watch?v=Dj6_98tq4mY&feature=BFa&list=FLRUGdBFtrNhxxTkghQ0Qegg&lf=plpp_video[/flash]

You lost your liver straight up. grin
PoliticsRe: Sylva’s Aides Abscond With 200 Vehicles by Sagamite(m): 9:56pm On Mar 22, 2012
If Dickson has any brains at all, there will be a daily rental charge applied for everyday beyond the official day of handover.

Charge each mudafcker about N60K for every day beyond the day they are suppose to handover. If they don't pay, seize their property in the state. Let them spend more money going to court if they dare. Let them have battles with the government for months.

Let them have headache for their wrong doing. Make their lives a nightmare.
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 9:37pm On Mar 22, 2012
[quote author=ndu_chucks]@jmaine, ino mo e lese mejeji (dem don set both of ya feet on fire - you don step on top of hot coal today. LWKMD cheesy cheesy cheesy[/quote]He is running and trying to distract from defending his cretinous opinion.

He lacks balls!

He is an example of moorons that speak before they think. The type of moorons that are my favourite type of suya! grin
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 9:20pm On Mar 22, 2012
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 8:17pm On Mar 22, 2012
jmaine: I repeat you all are crazed jobless people who feel venting on NL changes the world . .my standing order to a cretinized brained fool like you is to shut your blunt beak up . . . .

A cretinized goblin like your mooronic self constantly bleating to no where attracts pity . . . I dont give a bloody fvck about you Saga-cretin . . So stop trying so hard to prove relevant

bunch of jobless crazed fellas . . .

He even called himself a real man . .real men are not jobless . .Cretinous moronic goblins like your sorry self
person .......

[flash]
https://www.youtube.com/watch?v=Xydg0L1kGbs&list=FLRUGdBFtrNhxxTkghQ0Qegg&index=298&feature=plpp_video[/flash]
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 7:57pm On Mar 22, 2012
jmaine: I repeat you all are crazed jobless people who feel venting on NL changes the world . .my standing order to a cretinized brained fool like you is to shut your blunt beak up . . . .

A cretinized goblin like your mooronic self constantly bleating to no where attracts pity . . . I dont give a bloody fvck about you Saga-cretin . . So stop trying so hard to prove relevant

bunch of jobless crazed fellas . . .
Shut up, CRETIN!

The day you can defend your moronic statements is the day I would know you have balls between your legs.

Cowardly eunuch!

Don't step to a reeeeeal man. Fooool!
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 7:26pm On Mar 22, 2012
jmaine: I repeat you all are crazed jobless people who feel venting on NL changes the world . .my standing order to a cretinized brained fool like you is to shut your blunt beak up . . . .

A cretinized goblin like your mooronic self constantly bleating to no where attracts pity . . . I dont give a bloody fvck about you Saga-cretin . . So stop trying so hard to prove relevant

bunch of jobless crazed fellas . . .
You are a reetarded!

You are a person product of a failed education system leading to lack of development of brain cells. I am trying to help you here, murdafoka. Be grateful.

Bow down and worship your GOD! I am bring you intellectual salvation. Cretin!

MORAFORKA! WORSHIP!
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 4:50pm On Mar 22, 2012
jmaine: Saga-cretin . . . .i gave you a standing order to shut up your blunt beak . . .cos your unnecessary bleating here is a waste . . . A cretinized brain as yours should know that going hyper on NL is a fool's course . . .a cow like you should know better . . .i repeat . .shut up your blunted beak and stop blowing your usual useless hot air in here . . . Craze people wey no get work . . . Fvcking goblin . . .
You are a person!

You can't defend your cretinous position?

Fooool! Democracy is a baaastard when this kind of mooron is given a right to vote. Cretins like you should shut up and leave expression of opinions to your intellectual superiors.

Run!
HealthRe: Lamentations Of A ‘frustrated’ Nigerian Surgeon by Sagamite(m): 9:59am On Mar 22, 2012
This doctor has the mindset of the kind of people we should be giving national honour, but since we have a Silverback Gorilla as President, it is the corrupt customs cretin the president would chase to give national honour and PDP position.
FashionRe: Tamar Awobotu: 24 Year Old Wins Top Model Worldwide 2012 by Sagamite(m): 9:44am On Mar 22, 2012
bykes: of what economic importance does this skinny girl add to your miserable life
His life is desperately miserable enough, he is an internet troll and such little things gives his life a spark.
FashionRe: Tamar Awobotu: 24 Year Old Wins Top Model Worldwide 2012 by Sagamite(m): 9:41am On Mar 22, 2012
makky: Unfortunately the whites see beyond facial beauty, its her physique, runway styles, height and personae that matters to them. Alek wek isnt beautiful but she has what they need to grace their runways & earning millions as one of the few black models they have internationally aside Naomi campbell, Iman & the rest. Even their own white model arent always beautiful, its just makeup n all d works, once their clothes come out nice on them... Rest is history!
If that is the case, I wish these foools will stop using the "beauty" tag with these catwalk women.
FashionRe: Tamar Awobotu: 24 Year Old Wins Top Model Worldwide 2012 by Sagamite(m): 9:37am On Mar 22, 2012
[quote author=Missy_B]This has nothing to do with beauty, right?[/quote]Couldn't agree more.

The reetarded industry (fashion) keeps on portraying its warp perception of beauty to mugus.
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 8:26am On Mar 22, 2012
jmaine: Shut your fvcking beak . . . and move aside . . who gives a shyte about you . .your unnecessary bleating here is a waste
You are a cretin!

Answer the fcking question. Product of a failed education system.

Critical thinking: zero!

person, you would have no problem with your president sitting down with Alams, Ibori, Bode etc to decide the politicians they present to illiterates to vote for and represent the strongest party? And your dumb arse would be complaining about no light, bad roads, poor healthcare, no water, greedy legislators? person! No critical thinking to connect issues beyond the basics. Even Neanderthals would appear like geniuses next to you.
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 11:51pm On Mar 21, 2012
jmaine: So What . . . Craze people wey no get job
You are a bloody cretin!

You see nothing wrong with your president being seen working with a convicted criminal to create policies for the ruling party? The same president then has to go around and tell people he would be hard on corruption?

You are a person!
RomanceRe: Can You Go Down On Your Knees To Beg A Man Not To Leave? by Sagamite(m): 12:50pm On Mar 21, 2012
queensmith: Sagafag ,ive told you already i don't do gay dudes. The way you chase me around this forum is something else. I advise you go and see a psycho therapist to deal with your obsession. Or go and smoke some crack to gain comfort. There are many people on this forum i cannot devote time to you alone! hmph!
Haba, A-whaley-mama, why the insults?

I was just being nice so you do not regret a stewpid action in future.

If you get a man that can cope with your monstrous blubber, don't dare let him go. They are more rare than a Brown Spider Monkey.

There is hope for you sha. Maybe you can snatch her man: http://www.dailymail.co.uk/health/article-2117319/Mothers-bid-fattest-human-115-stone---shes-marrying-chef-help-her.html

grin grin grin grin grin
PoliticsRe: The Truth About Lagos by Sagamite(m): 12:41pm On Mar 21, 2012
chucky234: I don't even understand how people reason,imagine a sane man saying Fashola has done well because Lagos has 15 million dwellers. What has the dwellers got to do with developing the state,do you how much Lagos state generates daily.
Fashola is only governing Ikeja,Ikoyi,V/Island,Yaba,Oshodi-Apapa Exp. Way as well as Badagry Exp. Way, what happen to the other places where the poor lives like Okoko,Iba,Ajangbadi,Agric,Satellite Town,Maza-Maza,Ajegunle,Amukoko,Orile,Mushin,Surulere,Ijora, e.t.c
The man is ruling the rich instead of the poor,Lagos state has the worst roads in Nigeria,Asaba,Owerre,Calabar and PH have better roads than our darling Lagos. The only roads we can boast of is the Lekki/Epe concession roads which ironically is the only standard roads in Nigeria (but all know the story of that road).
Go to South Africa or Botswana and see infrastructures in cities that has far less revenue generation than Lagos,then you will know that Lagos is a mega bush,we love Lagos and that's we can't do without living in Lagos but to say that Fash has perform with the kind of revenue Lagos generates is a taboo.
8 years is more than enough to record significant achievement with the money we have in this state
Eko Ba Je lo.
You are a mooron!

Explain to me how much revenue Lagos generates in a day!

Go ahead, I am in the mood for Suya today.
RomanceRe: Can You Go Down On Your Knees To Beg A Man Not To Leave? by Sagamite(m): 2:37pm On Mar 20, 2012
queensmith: I have way too much pride. Before he opens the door i will have already calculated his replacement.
They say there is plenty of fish in the sea!
In your wildest dreams. grin grin grin grin grin grin grin

There is no fish for YOU in the see, if you catch a shrimp, keep hold of it tightly and don't let it go as you no go fit replace am. grin

I am laughing HARD at your delusion. grin grin grin grin grin If there is a woman that needs to beg even when haven't done anything wrong, it is you. grin

Even if you were the one wronged, get on your freaking knees sharp sharp. You can possibly only have one shot.

"You only get one shot, to make it right" as JLS said. grin grin grin grin grin

You? Fishes in the sea me bleeping arse. grin
EducationRe: Rough Guide Of The Best & Most Reputable Universities In The UK by Sagamite(op):
Some of the leading UK universities are going fundraising crazy at the moment. Here are the leading fund-raisers. This is also an indicator of reputation of universities.

Largest fund-raising campaigns
Oxford – Launched a campaign in 2008 to raise £1.25bn by 2016. They have already raised the target (£1.25bn) by 2012.
Cambridge – Launched a campaign in 2005 to raise £1bn by 2012. They had already raised over the target (£1.17bn) by 2011.
KCL – Launched a campaign in 2010 to raise £500m by 2015. They have already raised £200m by 2012.
Edinburgh – Launched a campaign in 2006 to raise £350m by 2011. They had already raised £330m by 2011, seems they missed the target.
UCL – Launched a campaign in 2004 to raise £300m by 2014. They had already raised £200m by 2011.
Imperial – Launched a campaign in 2007 to raise £207m by 2010. Missed target, £157m raised by the end of the period.
Durham – Launched a campaign in 1997 to raise £175m by 2007. They raised the target (£175m) by 2007.
Aberdeen – Launched a campaign in 2000 to raise £150m by 2009. Missed target, £134m raised by the end of the period, but raised the £150m by 2010.
Nottingham – Launched a campaign in 2011 to raise £150m by 2016. No updates yet.
LSE – Launched a campaign in 1997 to raise £100m by 2007. They raised over the target (£105m) by 2007.
Bristol – Launched a campaign in 2003 to raise £100m by 2014. They had already raised £83m by 2011.
St Andrews – Launched a campaign in 2008 to raise £100m by 2016. They had already raised £29m by 2011.
Birmingham – Launched a campaign in 2009 to raise £60m by 2011. They had already raised £50m by 2011, seems they missed the target.
Warwick – Launched a campaign in 2011 to raise £50m by 2015. No updates yet.
EducationRe: Rough Guide Of The Best & Most Reputable Universities In The UK by Sagamite(op): 11:31pm On Mar 19, 2012
Aanchal01: Hey Everyone,
I am new to the forum and found it really useful. I am moving from India to Aberdeen on Tier 2 dependent visa. I have an experience of 3 years in McKinsey as an Analyst. Just wanted to know how is the job scenario in Aberdeen ? Are there good consulting firms/banks in Aberdeen or its just oil and gas? Is there any scope to get into business planning/research divisions of Oil companies with this experience ?

The fall back plan for me is to go for a 1 year course in University of Aberdeen and then apply for jobs after a year.

Just wanted to know which courses have overall best recognition in terms of good students intake and placement scenario in Aberdeen and Robert Gordon University ? Would be great to hear views from people working/studying in Aberdeen/UK.

Thanks
Aanchal
There would be no reputable consulting firm based in Aberdeen. Consultancies that serve that region would be based in London with consultants travelling down to Aberdeen. The only exceptions would be probably very small niche-consulatancies serving the oil sector.

Banks are more likely to be based in Edinburgh.
PoliticsRe: Jonathan Sat Next To Alamasiegha At PDP Rally by Sagamite(m): 4:48pm On Mar 19, 2012
strangerf: I fail to see any thing wrong with GEJ mingling or sitting next to Alams at a PDP function. This is not GEJ inviting Alams to his home or birthday. This is a party/PDP function and I doubt GEJ has power over the sitting arrangement. And whatz up with Barack Blagojevich comparison? Two different issues. As far as Nigeria is concerned, Alams is not a criminal, he was never convicted in a Nigerian court. Whatever issue he has is between him and the UK. Blagojevich on the other hand was caught, tried, and prosecuted by his people and a guilty verdict rendered by a jury of his peers. Alams didn't have that luxury and as such it would be ridiculous for any one to label him a criminal with the intent to ostracize him from his political base.
You are a person!

Product of a failed education system.

This picture shows that GEJ is a person as I have told you guys right from the beginning. I am too intelligent to be wrong on such things. This man is stewpid to the bones.
PoliticsRe: Racist British Woman Captured On Videotape by Sagamite(m): 4:14pm On Mar 19, 2012
This is how fast British police deal with racist ediots, yet some cretins would come to UK and blame their failures on racism.

http://www.bbc.co.uk/news/uk-wales-17434587
PoliticsRe: The Truth About Lagos by Sagamite(m): 4:03pm On Mar 19, 2012
E nice: How many state goverment collects tax in nigeria? If that is not innovation, then you should have a rethink. A country where people hardly pay tax and are oppose to change? Where it is difficult to take even one naira from a man. why did other state governors (even the FG in the case of the NIPP project and road concession) wait for lagos to act before doing theirs? Because Fashola is an achiever. they learn from him. Is that not innovation?
So because no other state IN NIGERIA collects tax when Lagos started collected tax, that means Lagos has "innovated" the art of tax collection!

Fck me Lawd! undecided

Go and buy a dictionary and look up the meaning of innovation.

So if I start learning Tongan when no other Nigerian speaks Tongan, then I have "innovated" learning a new language? grin

Kai! Jesu Olugbala! grin
PoliticsRe: The Truth About Lagos by Sagamite(m): 1:54pm On Mar 19, 2012
E nice: You seen to forget that lagos has always been innovative in policy making. She is the first state to show that IGR can be used to develope a state without going cap in hand to abuja, First in PPP projects, first in BOT projects, etc. All this because of the visionary leadership of Fashola. Lagos leads others follow.
That is not innovative. I am sure it was copied from some other city outside Nigeria.

Immitation is not innovation, Mr Man.
PoliticsRe: The Truth About Lagos by Sagamite(m): 1:33pm On Mar 19, 2012
To all the fooola talking trash on this thread, if you had a brain in your head, you will not be talking moronic thrash about the impact Fashola is making.

Let me be clear to you, you are suppose to shut up and learn from us with superior brains.

Here comes the lecture:

Lagos was in a fcking mess well before Fashola. A serious fcking mess that Fashola has to start untangling. This untangling would inevitably bring some pain and if you brain was not made of cement and you have worked at a high level solving complex problems, you would not be asking for immediate impacts.

If you were well educated, you would understand the structure and systems the man is putting in place in all parts of the government that would lead to SUSTAINABLE CHANGE, not the firefighting change your daft brains are used to. Most good and sustainable change are slow and normally have highly-vocal, person doubting Thomases.

Focus on the vision, you fucktards. I am PISSED morons like you have a right to vote and your vote carries equal weight as mine.
FamilyRe: How Do Career Women Cope With Domestic Chores? - Help! by Sagamite(m): 5:12pm On Mar 17, 2012
ronkebp: Sagamilo, i thought you are good in maths, how come i did not see you on my ''statistics thread''huh? Abi naa arithmetic you sabi?
Wey your thread?

Awa mathematico ni wa mehn! grin

Although I have never done statistics before. Back then I had to chose between mechanics and statistics, and I went for the harder one.

No long tory. Fine boy, fine brain. [Strokes the cranium containing God's wonder!] cool
FamilyRe: How Do Career Women Cope With Domestic Chores? - Help! by Sagamite(m): 12:52pm On Mar 17, 2012
freshera: But at the end of the day, when it comes to Naija, ideals will burn o. Na tact, sacrifice and wisdom go remain. So DO WHAT WILL PLEASE YOUR HUSBAND. chikena. afterall all our grandmas never had careers and they lived fulfilled lives serving the human beings near and dear to them, no need to go far.
Really? undecided

I wish you could have spent a day in their shoes.
PoliticsRe: "All Tribes Are Guilty In Destroying Nigeria - Stop Blaming Northerners" by Sagamite(m):
Although all tribes contribute to the destruction of Nigeria, I will say it publicly that the North contributes more and are the main problem in terms of progress of the nation.

I will not beat the bush about it. I will be blunt!

- The North have produced majority of the leaders or held political power based on mass, the guns and more willingness to lose their lives. These leaders have been corrupt, uneducated and selfish. They have led Nigeria backwards. Yet, till this day, the North wants to rule and yet their political system only generates corrupt cretins for us to vote for. Imagine the cretins in ACF producing Atiku for Nigerian president.

- The North is the most academically backward and yet they want to hold majority of the key post in civil service. We have mostly poorly educated and under-self-developed charlatans running government institutions. Which is one of the reasons why our public sector is useless and virtually all public parastatals fail. We have bad infrastructure, services and shyt.

- The erratic and unwarranted violence and killings the North intermmitently unleashes in Nigeria is holding the country back as investors run with their money or find it incredibly expensive to operate in Nigeria. The leaders in the North are happy to keep the vast majority of Northerners ignorant, poor and feral. Worse still, no one gets arrested or punished because some cretins do not want to offend or see the perpetrators as religious brothers. Then you see our dumb rulers begging for "everyone to stay calm".

- The combined sense of all these: Born to rule, quota system, intolerance, lack of meritocracy, lack of justice etc is leading to a sense of injustice and hopelessness that is creating a bad culture and mentality amongst Nigerians.

All those are seriously dragging Nigeria back. The North is holding Nigeria back. Assessing all the fundamentals that make a country great or progress will show that some action of the North has a significant hand in throwing spanners in the works.
PoliticsRe: SEC Boss, Arunma Oteh, Spent N850,000 On Food A Day - Reps by Sagamite(m): 10:24am On Mar 15, 2012
She should be sacked purely for poor ethics.
FamilyRe: Little Children's Annoying Habits. by Sagamite(m): 10:21am On Mar 15, 2012
You deserve what you are getting.

You sound like a funky parent.

My child or even nephews will talk back to me when I am disciplining them? She ni ma for ori da nu (I would break his/her head).

You are setting the trend that will give you trouble in future. Your type plenty for UK. Raising kids one can not help but have a little disdain for.

I don't do funky parenting.
BusinessRe: Do Bankers Really Deserve Their Multi-million Pound Pays? by Sagamite(op): 7:51am On Mar 15, 2012
The problems with ethics in Finance I alluded to earlier is exposed in Goldman Sachs.

[size=18pt]Our toxic bank: It's morally bankrupt and calls clients 'muppets' says disgusted British-based Goldman Sachs executive as he walks out[/size]

Today is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.

To put the problem in the simplest terms, the interests of the client continue to be sidelined in the way the firm operates and thinks about making money. Goldman Sachs is one of the world’s largest and most important investment banks and it is too integral to global finance to continue to act this way. The firm has veered so far from the place I joined right out of college that I can no longer in good conscience say that I identify with what it stands for.

It might sound surprising to a skeptical public, but culture was always a vital part of Goldman Sachs’s success. It revolved around teamwork, integrity, a spirit of humility, and always doing right by our clients. The culture was the secret sauce that made this place great and allowed us to earn our clients’ trust for 143 years. It wasn’t just about making money; this alone will not sustain a firm for so long. It had something to do with pride and belief in the organization. I am sad to say that I look around today and see virtually no trace of the culture that made me love working for this firm for many years. I no longer have the pride, or the belief.

But this was not always the case. For more than a decade I recruited and mentored candidates through our grueling interview process. I was selected as one of 10 people (out of a firm of more than 30,000) to appear on our recruiting video, which is played on every college campus we visit around the world. In 2006 I managed the summer intern program in sales and trading in New York for the 80 college students who made the cut, out of the thousands who applied.

I knew it was time to leave when I realized I could no longer look students in the eye and tell them what a great place this was to work.

When the history books are written about Goldman Sachs, they may reflect that the current chief executive officer, Lloyd C. Blankfein, and the president, Gary D. Cohn, lost hold of the firm’s culture on their watch. I truly believe that this decline in the firm’s moral fiber represents the single most serious threat to its long-run survival.

Over the course of my career I have had the privilege of advising two of the largest hedge funds on the planet, five of the largest asset managers in the United States, and three of the most prominent sovereign wealth funds in the Middle East and Asia. My clients have a total asset base of more than a trillion dollars. I have always taken a lot of pride in advising my clients to do what I believe is right for them, even if it means less money for the firm. This view is becoming increasingly unpopular at Goldman Sachs. Another sign that it was time to leave.

How did we get here? The firm changed the way it thought about leadership. Leadership used to be about ideas, setting an example and doing the right thing. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence.

What are three quick ways to become a leader? a) Execute on the firm’s “axes,” which is Goldman-speak for persuading your clients to invest in the stocks or other products that we are trying to get rid of because they are not seen as having a lot of potential profit. b) “Hunt Elephants.” In English: get your clients — some of whom are sophisticated, and some of whom aren’t — to trade whatever will bring the biggest profit to Goldman. Call me old-fashioned, but I don’t like selling my clients a product that is wrong for them. c) Find yourself sitting in a seat where your job is to trade any illiquid, opaque product with a three-letter acronym.

Today, many of these leaders display a Goldman Sachs culture quotient of exactly zero percent. I attend derivatives sales meetings where not one single minute is spent asking questions about how we can help clients. It’s purely about how we can make the most possible money off of them. If you were an alien from Mars and sat in on one of these meetings, you would believe that a client’s success or progress was not part of the thought process at all.

It makes me ill how callously people talk about ripping their clients off. Over the last 12 months I have seen five different managing directors refer to their own clients as “muppets,” sometimes over internal e-mail. Even after the S.E.C., Fabulous Fab, Abacus, God’s work, Carl Levin, Vampire Squids? No humility? I mean, come on. Integrity? It is eroding. I don’t know of any illegal behavior, but will people push the envelope and pitch lucrative and complicated products to clients even if they are not the simplest investments or the ones most directly aligned with the client’s goals? Absolutely. Every day, in fact.

It astounds me how little senior management gets a basic truth: If clients don’t trust you they will eventually stop doing business with you. It doesn’t matter how smart you are.

These days, the most common question I get from junior analysts about derivatives is, “How much money did we make off the client?” It bothers me every time I hear it, because it is a clear reflection of what they are observing from their leaders about the way they should behave. Now project 10 years into the future: You don’t have to be a rocket scientist to figure out that the junior analyst sitting quietly in the corner of the room hearing about “muppets,” “ripping eyeballs out” and “getting paid” doesn’t exactly turn into a model citizen.

When I was a first-year analyst I didn’t know where the bathroom was, or how to tie my shoelaces. I was taught to be concerned with learning the ropes, finding out what a derivative was, understanding finance, getting to know our clients and what motivated them, learning how they defined success and what we could do to help them get there.

My proudest moments in life — getting a full scholarship to go from South Africa to Stanford University, being selected as a Rhodes Scholar national finalist, winning a bronze medal for table tennis at the Maccabiah Games in Israel, known as the Jewish Olympics — have all come through hard work, with no shortcuts. Goldman Sachs today has become too much about shortcuts and not enough about achievement. It just doesn’t feel right to me anymore.

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.

Source: The New York Times

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