Career Advice

Unless Goldman Sachs executive Greg Smith is shopping a book proposal, the scathing opinion piece he wrote announcing his resignation in Wednesday's New York Times is a lesson in how not to quit, career experts say.

Goldman Sachs executive Greg Smith decided not to leave quietly. After 12 years at the firm, he resigned from his post as executive director of the U.S. equity derivatives business via an opinion piece in the New York Times. He charged that the firm puts its own interests ahead of clients. Here's a rundown of the ensuing furor.

Getting the gears moving in the right direction at the beginning of that first job hunt can be one of the hardest parts of the search. Lindsey Pollak, author of "Getting From College to Career," talked to FINS about what new graduates can do to get a leg up.

Two lawmakers prodded the bankruptcy trustee in charge of unwinding MF Global Holdings Ltd. to drop his plan to pay bonuses to top executives who were at the securities firm when it collapsed.

MF Global's bankruptcy trustees are trying to prevent former employees from receiving money from the estate under the WARN Act. Lawyers for the plaintiffs have said they will fight back.

A breakdown of a $165 million money transfer at MF Global shows how entrenched the chaos had become in the firm's final days.

The firm's final days were characterized by both moving money and missing officials.

New York securities firms will pay employees $19.7 billion in cash bonuses for 2011, down sharply from $22.8 billion in 2010, according to a report from the New York state comptroller. The industry also cut 4,300 jobs in the last nine months of the year.

Bruce Tulgan, author of 'Managing Generation X,' shares his insights with FINS on how older workers can better understand and benefit from younger colleagues -- and how those younger workers can better position themselves for success.