After a string of congressional hearings put Goldman Sachs's e-mails under intense scrutiny, the firm has decided it would rather put its foot down than have to stick it back in its mouth. Hence Goldman workers can no longer use naughty words in their e-mails. The crackdown is a continued enforcement effort on the firm's current policies on proper language and conduct -- as in, traders really aren't supposed to swear.
Marketplace didn't hear back from Goldman this morning on what words were actually banned, but considering the culture of swearing in those pits, the traders' digital vocabulary must be considerably stunted. What will take the place of their former verbal currency?