Goldman to Clean Up Its E-mails . On Thursday July 29, 2010, 6:27 am EDT Well gosh darn it, there's to be no more swearing at Goldman Sachs!
The investment bank has issued an edict that e-mailed profanity is no longer permitted, meaning all 34,000 of Goldman's employees are going to have to reign in their tongues even when the, um, shoot really hits the fan, The Wall Street Journal reports.
Which exact words will be censured is hard to say thanks to the paradoxical stumbling block of the bank not actually being able to send out an email that lists them, The Journal notes.
The ruling was delivered verbally, which has left employees questioning where they might stand on shorthand terms for curses -- The Journal suggests "WTF," (a common abbreviation for "white-tailed finch") as an example -- or even words that sound like obscenities but are not.
Goldman is not alone with this clean-language communication. Both Citigroup and JPMorgan Chase already have policies banning expletives in electronic communication, while Morgan Stanley suggests e-mails should be "professional, appropriate and courteous at all times," The Journal says.
The question is: Will spoken communication on Wall Street be cleaned up next? Could a swear box at Goldman make more sense than a bank tax to finance a rescue fund for the next crisis?
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