---
title: Goldman Sachs Reads Employee Emails. Here's What It Looks For
description: CNBC unearthed an impressive document detailing all the things that are red flagged in employee emails.
authors:
  - name: Ethan Wolff-Mann
    url: https://money.com/author/ethan-wolff-mann/
    at_money_since: 2015
    articles: 160
    covers:
      - Business
      - Banking
      - Career Advice
      - Credit
      - Credit Cards
      - Economy and Politics
      - Education
      - Housing
      - Identity Theft
      - Insurance
      - Investing
      - Lifestyle
      - Personal Finance
      - Professional Services
      - Shopping
      - Taxes
      - Technology
    social:
      - https://x.com/ewolffmann
    former_staff: true
published: '2016-06-16T21:35:55.000Z'
modified: '2024-04-17T02:22:49.000Z'
section: Business
tags:
  - privacy
  - pubdesk
  - Spying
  - Workplace
word_count: 1624
canonical: https://money.com/goldman-sachs-employee-email-privacy/
type: Article
source: structured-blocks
---

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![Goldman Sachs Employee Email](https://img.money.com/2016/06/gettyimages-99988375.jpg)

[CNBC managed](http://www.cnbc.com/2016/06/15/you-wont-believe-what-gets-an-email-flagged-at-goldman-cnbc-has-the-list.html) to get its hands on an internal document from Goldman Sachs that detailed its process for reading employee emails.

Keep in mind that any employee, especially in a public company, and especially a public company in the finance sector, has [no right or expectation of privacy](https://money.com/work-personal-email-hillary-clinton-byod/) while using company equipment. But it's interesting to see exactly what the bank thinks are red flags that warrant further investigation from the compliance department.

They stem from emotional statements, like "I am not a happy camper" and "you are a piece of sh\*t," to words that indicate obligation ("I promise this time") or dispute ("where did my money go"). Swearing—outlawed in [company emails in 2010](http://www.wsj.com/articles/SB10001424052748704895004575395550672406796)—also drops a flag on the play, as does the zip code of the SEC (for the record, it's 20549).

Companies have been doing this for a long time, and it's safe to say that if you work a corporate job with a corporate email account, [your messages are likely being monitored](https://money.com/work-personal-email-hillary-clinton-byod/). Today employers have more tools available for snooping, whether it's monitoring computer keystrokes, looking at Slack messages, or having bots automatically scan email. (Spyware isn't just for criminals.)

But according to industry watchers, the Goldman leak is a new development. "This is the first time to my knowledge anyone’s gotten their hands on the keywords," says Lewis Maltby, president of National Workrights Institute, an organization that promotes employee rights.

Despite the seemingly innocuous nature of many of the phrases on the list—including "for internal use in the offices of" and "I don't understand"—the purpose of the monitoring is "for concerns about what people are doing that could be harmful," Maltby says. The process for most firms is not comprehensive, but IT departments do open email flagged by keyword lists. (Alarmingly, Maltby adds, many companies don't have a policy for monitoring the monitors.)

A spokesman for Goldman Sachs told CNBC, "We deploy cutting-edge technology and exercise the utmost care to protect confidential information, secure data and provide high-end client service. The firm's monitoring efforts reflect our commitment to upholding the highest standards of professionalism and integrity."

If you're curious as to whether your email and computer activities are monitored, the default answer is probably yes if you work for a company that is in any way "corporate." Generally employers don't go out of their way to explicitly tell employees, but the policy is usually there if you look for it. In fact, Maltby says, when you log in to your company computer, there's often a small message somewhere stating that you have no right to privacy. The information may be in your HR manual too.

So does this mean you should never go on your personal Gmail at work? You're employer likely doesn't care about your grocery lists, as long as you don't spend your day on Gchat. But it's good to remember that anything that passes through company servers isn't 100% private.

Here's the entire list of Goldman Sachs flagged terms, via CNBC.

> a sure {bet}|{thing}
> 
> adjust your account|losses|profits
> 
> against my expressed\[?\] wishes
> 
> answer {your}|{the} %ANY%\[0,3\] phone
> 
> are {not responsive}|unresponsive
> 
> bad to worse
> 
> charge in excessive amount
> 
> charged {too much}|{excessively}
> 
> close|end|terminate my %ANY% \[1,5\] relationship with GS|Goldman|{this firm}
> 
> Clowns {managing|running} the fund|show|portfolio|account|{my money}
> 
> concern\* %ANY% \[1,5\] safety of my money|fund|account
> 
> cover {your}|{our} losses
> 
> didn't authorize the sale
> 
> didn't|didnt|{did not} explain to me|us
> 
> disturbs|troubles me|us
> 
> don't worry i'll take care of it
> 
> don't you f\*cking understand
> 
> done|{did this} without %ANY% \[1,5\] calling|emailing|contacting me|us|anyone
> 
> embezzled the account
> 
> extremely|really|quite|very unhappy|disappointed
> 
> failed to execute {our}|{my}instructions
> 
> fix the {trade}|{trades}|{commissions}
> 
> fix|adjust|change the trade\*|commission\*
> 
> formally|formal complain|complaint
> 
> found numerous|several errors|mistakes
> 
> give you a piece of {the}|{my} commission
> 
> how could this happen again\[?\]
> 
> How could you|GS|Goldman possibly\[?\] lose so|this|that much
> 
> I %ANY% \[0,4\] {losing}|{lost} patience with {you}|{GS}|{Goldman}
> 
> I am not a happy camper
> 
> I didn't {authorize}|{agree}
> 
> I expect {a|an|your}\[?\] {answer\*|response} {today|now|asap}
> 
> I|we have lost|{run out of}|{ran out of} confidence|faith|trust|patience
> 
> I have raised %ANY% \[1,5\] at least %ANY%\[1,3\] times
> 
> I have raised %ANY% \[1,5\] so many times
> 
> I lost {exorbitant|enormous amounts of}|{so|too much} money
> 
> I told you %ANY% {days|weeks|months} ago
> 
> I told you %ANY%\[0,1\] {days|weeks|months} ago
> 
> i want the %ANY%\[0,2\] trade reversed
> 
> I wanted out of %ANY%\[3\] {stock | {hedge fund} | fund | account | position}
> 
> I won't|wont|{will not} pay for the|this trade
> 
> I {don't}|{dont}|{do not} understand
> 
> I {trusted}|{believed in}|{had faith in} you
> 
> "I {was|am} extremely\[?\]{pissed|angry|concerned|upset|agitated|bothered|distressed|  
> perturbed|worried|vexed|confused|flustered|discouraged|  
> rattled|daunted|demoralized|disheartened|  
> dismayed|distraught|unnerved}}."
> 
> I {would appreciate}|want {a|an} {call|email}
> 
> if this {doesn't} | {does not} get resolved|fixed soon|immediately|{right now}
> 
> incompetent|inept fund|account management
> 
> increasingly|really getting\[?\] frustrated
> 
> it is your | goldmans | {goldman's} job to make sure
> 
> I|we demand
> 
> I|we will not pay
> 
> lack of care|attention %ANY% \[1,5\] my money|account\*|fund\*
> 
> let me remind you
> 
> losing confidence|faith|trust|patience
> 
> mad|angry|frustrated as hell|f\*ck
> 
> make it up to you
> 
> my repeated {requests}|{request}
> 
> no longer be doing business
> 
> No one {called|emailed|contacted}
> 
> no one {{gave you}|{had} permission}|{said you could}
> 
> not %ANY%\[0,1\] reasonable
> 
> not even one phone\[?\] {call} | {email} | {word} from {you | goldman}
> 
> not made aware
> 
> not {heard {back\[?\]} from you}|{what we agreed}
> 
> Paying fees {through|thru} the {nose|a--|butt}
> 
> phone {calls}|{call}e-mail{have}|{has} not been answered
> 
> piece of sh\*t
> 
> pissed|pisses me off
> 
> poor|terrible|crappy {fund|account|portfolio}\[?\] results|performance
> 
> really %ANY%\[0,2\] pissed|{PO'd}
> 
> rebate|refund my|your loss\*
> 
> rebate|refund what I lost
> 
> register that|this as a complaint
> 
> remedy the situation
> 
> report the matter to the {sec}|{nasd}|{nyse}
> 
> reverse the commissions
> 
> reverse {this}|{the} %ANY%\[0,5\] {trade}|{transaction}
> 
> screw\*|f\*ck\* it up
> 
> so frustrat\*
> 
> something {went}|{is really}|{will go} wrong
> 
> split the difference
> 
> statement complaint
> 
> still have not received
> 
> stock will {fly}|{soar}|{dive}|{tank}
> 
> supposed to be the top|best financial company
> 
> surprised|concerned|frustrated|angry that you didn't|{did not} contact|call|email me
> 
> take care of any fees|commissions
> 
> taken advantage of {{the exemption in Financial Reporting Standard} | {the following exemptions on the first time adoption} | {any of the relaxed hedge accounting requirements} | {passport, this will still be subject to}úLSE%}\[?\]
> 
> That's not what I {said}|{told you}
> 
> the {deal | account | fund | trade | trades} {was | were} not handled properly
> 
> there is a %ANY%\[0,3\] problem
> 
> there is|are|{appears to be} a|several mistake\*
> 
> there was an|a error|mistake
> 
> These managers give me a really\[?\] bad feeling
> 
> this is %ANY%\[0,5\] totally\[?\] unacceptable|{not acceptable}
> 
> this is not fair
> 
> this won't|{will not} happen again
> 
> this {is not}|isn't|wasn't|{was not} the %ANY% amount|{correct price}|price|stock|{correct stock}
> 
> This {part of the}\[?\] portfolio is\[?\] completely\[?\] sucks|stinks|f\*cked up|{messed up}
> 
> time to dump
> 
> trades could|should be cancelled|reversed
> 
> transfer my {account}|{funds}immediately
> 
> troubles|disturbs|{disturbing to} me how long follow-up has taken
> 
> undo|break the trade
> 
> way too f\*cking much
> 
> what happened to %ANY%\[0,5\] money
> 
> What happened to my {money}|{account}|{trade}|{funds}?
> 
> what i f\*cking said
> 
> what the hell|f\*ck|heck {are|is} {you|GS|Goldman} doing with my|this|the {money|account|trade|funds|savings|portfolio}
> 
> what the {f\*ck}|{hell}|{heck} {happened}|{is going on}|{is happening} with|to my|the|this {account|money|trade|fund\*|savings|portfolio
> 
> Where did my {money}|{funds}|{account} go
> 
> where the {f\*ck}|{hell} are you
> 
> who can I escalate the|this matter|issue|problem
> 
> who the {f\*ck}|{hell}|{heck} said you could
> 
> who the {heck}|{f\*ck}|{hell} do you think you are
> 
> who {supervises}|{manages} you
> 
> why should I|we pay
> 
> why {haven't}|{didn't} you {return}|{returned} my {call}|{calls}
> 
> won't be doing business with you|GS|Goldman
> 
> worst investment
> 
> wrong amount|price|{number of shares}|stock
> 
> You didn't follow my {instructions}|{wishes}|{plans}|{objectives}
> 
> You didn't {tell me}|{say} that
> 
> You never {told me}|{said} that
> 
> you said you would {redeem|sell}
> 
> You stole from {me}|{my account}
> 
> you told me there {was no}|{wasnt any}|{wasn't any} {downside risk}|{risk involved}
> 
> you were not up front
> 
> you werent|weren't|{were not} authorized
> 
> you {didn't}|{did not} | {didnt} {%ANY%\[?\] listen}|{supervise}
> 
> you {didn't}|{did not}|{didn't} {answer the question} | {reply}
> 
> you {f\*cked}|{messed}|{screwed} up
> 
> you {have to}|{must} buy this stock
> 
> your|Goldman's failure to comply|respond
> 
> you|GS|Goldman failed to comply|respond
> 
> {Call the SEC} {%precededby% {{Please. 20549}|{Please. D.C.}úLSE%}\[?\] } | {{{at 1-800-sec-0330} úlse%}\[?\]}
> 
> {contact}|{call the} {appropriate\[\*\]} {authorities}|{regulators}|{nasd}|{nyse}|{sec}
> 
> {did not}|{didnt}|{didn't} have permission to {buy}|{sell}|{trade}|{exchange}
> 
> {do not}|don't have the confidence|faith|trust|patience to continue
> 
> {does not}|doesn't|don't respond|reply to my calls|emails
> 
> {don't}|{dont}worry about the losses
> 
> {have|has} not received {the paperwork} | {any calls}
> 
> {I am}|I'm {%ANY%\[0,2\]} {pissed off}|furious|irate|livid|incensed|upset|angry
> 
> {I am}|I'm|Im {not satisfied}|unsatisfied|dissatisfied
> 
> {i promise this time}|{this time i promise}
> 
> {i'll}|{I will} fix {everything}|{it}
> 
> {i'll}|{I will} work it out
> 
> {i've been trying}|{i've tried} to reach you
> 
> {i've}|{I have} been {unable}|{unsuccessful}trying to reach you
> 
> {i've}|{I have} contacted {my}|{an}|{your} attorney
> 
> {It's|it is} %ANY%\[0,2\] impossible to understand what|{what is} {{going on}|happened|occurred}
> 
> {I}|{Goldman Sachs}|{the firm}|{we} will make up the losses
> 
> {I}|{Goldman Sachs}|{the firm}|{we} {guarantee\*}|{promis\*}|{swear\*} that\[?\] this won't|{will not}|{will never} happen again
> 
> {I}|{we} will sue {you}|{your firm}|{Goldman}|{GS}
> 
> {I}|{we} will take you to court
> 
> {misrepresent}|{misrepresented}|{misrepresenting}|{misrepresents}
> 
> {regarding}|{concerning} your problem
> 
> {should have}|should've been bought|sold|done %ANY% \[1,5\] ago
> 
> {transactions}|{transaction}|{trade} {was}|{were} never executed
> 
> {transfer|sale} still {hasn't}|{has not} {happened|occurred}
> 
> {where have you been}|{where the {f\*ck}|{hell}|{heck} have you been}
> 
> {who is}|{i want the name of} your {supervisor}|{manager}
> 
> {you're}|{you are} a piece of sh\*t
> 
> {your|these}{behavior|actions} are %ANY%\[0,1\] {unacceptable|{not acceptable}}
> 
> {You}|{Goldman Sachs}|{the firm} were|was not authorized
> 
> {you}|{Goldman Sachs}|{your firm} personally guaranteed
> 
> {you}|{Goldman Sachs}|{your firm} will be hearing from my {attorney}|{lawyer}
> 
> {you}|{Goldman Sachs}|{your firm} {messed}|{screwed} up
> 
> {you}|{Goldman Sachs}|{your firm} {won't}|{will not} get away with this
> 
> {mistake|error} on {your|GS|Goldman\*} part
> 
> receiv\* a|any|no response to my {email}|{call}|{inquir\*}|{question\*}|{complaint\*}
> 
> {I}|{we} {did not}|{did'nt}|{didnt} receive|get a response
> 
> negatively affected by this|these %ANY%\[0,5\] change\*|error\*|mistake\*
> 
> {please let me}|{allow me to} address your {concerns}|{confusion}|{problem}
> 
> missing money|funds
> 
> {not happy}|unhappy|dissatisfied with the {way}|{manner} in which this is being handled|addressed|resolved
> 
> not happy|satisfied|content with the way GS|Goldman|you is|are handling|resolving|addressing this
> 
> GS|Goldman is really upsetting|frustrating me
> 
> {I don't think this is}|{this is not}|{this isn't} the type of customer service I deserve|expect\*
> 
> avoid this kind|type of error|mistake|fumble|misstep|slipup|{foul up}|stumble
> 
> {please let me}|{allow me to} provide %ANY%\[0,5\] a|an reason|explanation
> 
> {I have}|{i've} been {unhappy}|{displeased}|{unsatisfied} with the {firm's attitude}|{attitude of the firm}
> 
> I am {unhappy}|{displeased}|{unsatisfied} with the {firm's attitude}|{attitude of the firm}
> 
> {I have}|{I've} found the {direction|attitude} of the firm {troubling|worrisome|disturbing|concerning|demoralizing|aggravating|perturbing|distressing|discomforting|disconcerting|demoralizing}
> 
> {I|we} find the {direction|attitude} of the firm {troubling|worrisome|disturbing|concerning|demoralizing|aggravating|perturbing|distressing|discomforting|disconcerting|demoralizing}
> 
> {my|our} {low|unsavory} view of {GS|goldman|{the firm}}
> 
> Not For\[?\] Communicat\*|Distribut\*|send\*|delive\* Outside %any%\[,2\] Firm|GS|{goldman sachs}|goldman
> 
> for internal use in the offices of
> 
> internal only
> 
> internal u.s.e. only
> 
> {internal use only} { {%precededby% { {private|your | { for and confidential deemed is message this in } }úlse%}} | {{%any%\[,2\] {to be completed by} | {checking account number} }úlse%} | {%any%\[0,5\] SMARTPlus}úlse% }\[?\]
> 
> {social security}|{soc sec}|soc|ss{{no|number|#}\[\*\]}%#dddpddpdddd%
> 
> {account|acct|acc|act}{{no|number|#}\[?\]}{%#dddp%\[?\]}{%#ddddd%}{%#pd%\[?\]}

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