Quantcast

The DNAinfo archives brought to you by WNYC.
Read the press release here.

Goldman Sachs Bans Swearing in Employee E-Mails

By DNAinfo Staff on July 29, 2010 1:37pm

Some unfortunate words in an April hearing may have led to a cursing ban at Goldman Sachs.
Some unfortunate words in an April hearing may have led to a cursing ban at Goldman Sachs.
View Full Caption
AP Photo/Charles Dharapak

By Nina Mandell

DNAinfo Reporter/Producer

MANHATTAN — Goldman Sachs has put its employees on notice that salty language around the office will no longer be tolerated, the Wall Street Journal reported Thursday.

The management of the hugely profitable investment firm said the directive affects e-mails, texts, and all other inter-office communications, including those sent from office-issued telephones. 

The order comes in the wake of U.S. Senate hearings in April, when profanity-laced e-mails written by Goldman Sachs executives were read aloud.

Other investment banks have similar policies against using swear words, the Journal reported.

"Of course we have policies about the use of appropriate language and we are always looking for ways to make sure they are enforced," a Goldman spokesperson told the Journal.

According to the Journal, from now on, if an employee sends a profanity-laced e-mail it could be sent to the compliance department or blocked completely.

"This is not a new policy," a Goldman Sachs spokesman told DNAinfo. "These policies have existed for ma very long time. We do occasionally remind our employees of our policies."

Earlier this month, Goldman Sachs drew renewed attention to its practices when it agreed to pay $550 million to settle civil charges brought by the Securities and Exchange Commission that the firm had misled buyers during the mortgage meltdown.