Ms. Ramos discusses the tendency not to ask the tough questions because we may not like the answers. Indeed, she asserts such behavior is unethical. These same issues are raised in Greg Smith's 2012 book about Goldman Sachs. The text notes Goldman no longer put its clients' interest first but rather saw their clients as:.

counter parties to a transaction

Explanation:

In simple words, counter parties refers to the party that holds the other side of the transaction. A counter party is a must for a transaction to be completed.

In the book by Greg smith, he criticized Goldman's ethics by stating that the firm has now been behaving with their clients as some kind of business party and is not working in their best interest.

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