Goldman Sachs and Occupy Wall Street

What is it with Goldman Sachs? The company is exerting extraordinary pressure on its employees.

First, Goldman Sachs has banned its employees from going anywhere near the Occupy Wall Street protesters. There hasn't been an official memo, so no one knows if it's an official rule. But they say they know they're not supposed to be down there. It could "endanger your career," some have said. It coincides with Goldman Sachs chief executive Lloyd Blankfein cancelling a speech he was going to give at Barnard College on the topic of power. It just happened to coincide with the protests.

Goldman Sachs has also banned its employees from posting anything on Facebook or other social networking sites, despite the company investing $450 million in Facebook.

And it's prohibited its employees from commenting or contributing to the popular Dealbreaker site.

At the same time, the Goldman Sachs employee privacy policy allows Goldman Sachs to collect personal information on its employees, and use it as it sees fit.

Clearly when you work for Goldman Sachs, your life is not your own.


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