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Cornerstone OnDemand shares are trading lower Tuesday morning after Goldman Sachs analyst Greg Dunham this morning reduced his rating on the software-as-a-service company to Neutral from Buy.
FORBES: Cornerstone OnDemand: Goldman Cuts Rating On Valuation
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Greg Smith, the disillusioned Goldman Sachs employee who left the firm in March with a scorched-earth op-ed in The New York Times, is back in the news as his tell-all book hit shelves last week.
FORBES: Is There a Future for the Brand Who Bashes? (Or, What's Next for Greg Smith?)
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Nearly two weeks after Goldman Sachs executive Greg Smith excoriated the firm in his already fabled resignation letter published in The New York Times, news analysts are now asking a fundamentally important question: from a business standpoint, to what extent should Goldman Sachs really need to be concerned?
FORBES: Revenge of the Muppets
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Once the hoopla dies down, Goldman Sachs will move on and Greg Smith - no doubt after clinching a deal to write a book that will Blow The Lid Off What We Knew Anyway - will too.
BBC: Magazine
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Greg Smith will gain many fans with his anti-Goldman broadside.
FORBES: Want to Improve Goldman Sachs? Convert it Back into a Partnership
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Goldman was a victim on the defensive when Greg Smith, a former employee, wrote a New York Times op-ed on March 14, blasting the firm for having "morally bankrupt people" who needed to be weeded out.
CNN: A case of Wall Street greed gone too far
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You thought Greg Smith had burned his bridges in the way he left Goldman Sachs?
FORBES: Keith Olbermann Gets Fired by Current TV, Goes Ballistic
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Just read a scathing, well-written indictment of the current state of Goldman Sachs, an op-ed in the NYT by Greg Smith, an executive director of the firm, and head of its United States equity derivatives business in Europe, the Middle East and Africa.
FORBES: It's the Customer, Stupid