News that Goldman Sachs has banned the use of profanity in emails shouldn’t surprise anyone. After all, it wasn’t too long back that an email describing a deal as s@#*ty came back to haunt the investment bank. At a Senate investigation into alleged irregularities at Goldman Sachs, senator Carl Levin used the s@#*ty word as a punctuation mark, uttering it at least 21 times. Suffice it to say that he made an impact. Would the impact have been the same had the deal been described as “very bad”? In semantic terms, maybe not, but there would have been no other difference. The Senate would have still wanted to know why Goldman Sachs was recommending a scheme its own internal emails described as “very bad”.
At a time when John Doe thinks Wall Street bankers are all a*@#%^*s, banks do not need to get employees to work on their English. But some work in math and finance may help.