Greg Smith, who headed Goldman's equity derivatives business in Europe, said it was common to hear talk of ripping off their "muppet" clients.

BBC: Goldman Sachs director in London quits 'toxic' bank

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

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?)