Report: Goldman Cracks Down On E-Mail Language Goldman Sachs is telling employees they can't use swear words in their e-mails, instant messages or text messages, the Wall Street Journal reports. The move could stem from recent congressional hearings in which Sen. Carl Levin (D-MI) read Goldman e-mails that dismissively referred to a mortgage security the company was marketing.

Report: Goldman Cracks Down On E-Mail Language

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Our last word in business today also comes from the Wall Street Journal.

Today the paper reports on a new policy at Goldman Sachs. It might stem from recent hearings in Congress, where bank executives were criticized for their dealings leading up to the financial crisis.

Here's Senator Carl Levin quoting from a message between Goldman employees, referring to a mortgage security the bank was marketing.

Senator CARL LEVIN (Democrat, Michigan): Boy, that timber wolf was one (bleep) deal. How much of that (bleep) deal did you sell to your clients after...

GONYEA: Well, now the bank is telling employees they can't use swear words in their emails, instant messages or text messages. Darn it.

Employees who slip up could be referred to the Compliance Department, or their messages may simply be blocked by screening technology.

That's the business news on MORNING EDITION from NPR News. I'm Don Gonyea.


And I'm Renee Montagne.

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