4:10 PM, March 14th, 2012
Smith’s cri de Coeur is being regarded as something noble—and not merely because of the unusual spectacle of someone walking away from millions. But to this reader, Smith’s jeremiad comes across as cynical and insincere, and Smith himself comes across as little better than a sanctimonious git. He describes the ugly Goldman he now feels compelled to leave as a place that has lost its “spirit of humility,” a place that, once upon a time, “wasn’t just about making money.” Yet Smith worked there for 12 years, in the belly of the beast. Did it take him 12 years to realize that Goldman isn’t a non-profit? You’ve got to love his prelapsarian tone, his contention that this edifice of integrity, so humanitarian when he started 12 years ago, has suddenly turned diabolical, caring only about m—-y.
12:24 PM, March 14th, 2012

Frontpage: Wednesday, Mar 14th

  1. Twin Earthquakes Hit JapanTwo earthquakes rattled Japan on Wednesday, just days after the anniversary of 2011’s tragic tsunami. No damages or injuries have been reported from either incident. 
  2. Newt Vows to ContinueNewt Gingrich is sticking in the race, despite a disappointing second-place finish in Alabama and Mississippi. The GOP campaign is essentially a two-man race between Mitt Romney and Rick Santorum, with Gingrich representing a potential drag on Santorum. But the former speaker doesn’t see it that way. 
  3. Santorum: ‘We Did It Again’: Rick Santorum was met with huge cheers from his supporters as he exclaimed at the opening of his victory speech in Alabama, “We did it again,” foreshadowing his subsequent win in Mississippi.
  4. Panetta Visits Afghanistan: Defense Secretary Leon Panetta arrived in Afghanistan, pledging that the U.S. would not change its strategy, despite recent tensions. In a possible acknowledgment of tensions after a U.S. soldier allegedly massacred 16 Afghan civilians, Marines were asked to leave their weapons outside the tent before Panetta spoke.
  5. Goldman Exec Quits in NYT Op-Ed: Goldman Sachs executive Greg Smith knows how to go out with a bang. “Today is my last day at Goldman Sachs,” he writes in a New York Times op-ed. He’s been at Goldman for 12 years, and says, “The environment now is as toxic and destructive as I have ever seen it.”

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Photo: Indian and U.S. army soldiers performed drills during a two-week joint military exercise in Bikaner, Rajasthan, India. (Dinesh Gupta / AP Photo)

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