Money / Greg Smith Goldman 'Traitor' Scores $1.5M for Tell-All Ex-Sachs exec Greg Smith to make big bucks on memoir By Mark Russell, Newser Staff Posted Mar 30, 2012 8:21 AM CDT Copied Traders work in the Goldman Sachs booth on the floor of the New York Stock Exchange Thursday, March 15, 2012. (AP Photo/Richard Drew) It looks like the Goldman Sachs exec who ripped the company in a New York Times editorial when he quit isn't going to suffer too badly for his angry farewell notice. Hachette's Grand Central imprint is paying Greg Smith $1.5 million for the worldwide rights to a tell-all book about his time with the investment house, reports the New York Post. Thanks to Smith's agent, the publishing industry was whipped into a frenzy for his memoir, quickly moving bidding into the seven figures. (More Greg Smith stories.) Report an error