Goldman Sachs (Executive) Selling Assets

Jon Winkelried has put his Nantucket waterfront home on the market. The GS co-chief operating officer and co-president is asking for $55 million for the vacation house, set on 5.9 acres on Cathcart Road, which Winks bought in 1999 for about $6 million. Warren Buffett is not said to be interested at this time, though it's been rumored that Winkle is thinking of converting it to a time-share, wherein Buffett would pay $5000/week for 6 week/year (throwing in a few buxom prosties as WB's special preferred dividend) in the hopes that others would pay a million/week.

Comments

1

Posted by MarshallStack, Oct 10, 2008 3:33PM

Can I swap my time share in Boca?

2

Posted by guest, Oct 10, 2008 3:34PM

how many shamwows is that worth

3

Posted by guest, Oct 10, 2008 3:35PM

We're back boys! Here comes the big rally!

4

Posted by guest, Oct 10, 2008 3:35PM

Unfortunately, the house next door is the exact same and on the books at $10 million, Winkelried still thinks he has the correct market price.

5

Posted by guest, Oct 10, 2008 3:45PM

550,000 hundred dollar bills?

6

Posted by guest, Oct 10, 2008 3:59PM

But Nantuket is far from the Jersey shore.

7

Posted by guest, Oct 10, 2008 4:09PM

@4 Hilarious!

8

Posted by guest, Oct 10, 2008 4:20PM

I'll give him 9 mil, we'll share it?

9

Posted by guest, Oct 10, 2008 4:24PM

Now that their company ended the day at $89, perhaps Mr. Blankfein & Mr. Winkelried should begin thinking about what will happen to someone with names like theirs after Prince Fahood from the islamic world buys up control of GS? I imagine there are many others at GS with similar names who might also be wondering.

The Guy from Delaware

10

Posted by guest, Oct 10, 2008 4:28PM

BigRally@#3...

Too soon; slow down; don't be too eager to lose your money. You were premature in your enthusiasm.

The Guy from Delaware

11

Posted by guest, Oct 10, 2008 4:33PM

If you want to reinflate the real estate bubble, Nantucket's the place to start. Maybe Carly Simon wants to upgrade.

12

Posted by guest, Oct 10, 2008 4:40PM

Mr. WinkieDink must have a problem. A problem related to a lack of money or to substance abuse, but nonetheless, a problem.

The Guy from Delaware

p.s. Nantucket isn't all that great. I was there in August. Too many clowns.'Sconset is seriously overrated. Like the Vineyard better. We can stay with friends there for free.

13

Posted by guest, Oct 10, 2008 4:41PM

Bess - You aren't as clueless as I thought you were... That was funny. (Now don't let it go to your head.)

14

Posted by guest, Oct 10, 2008 4:42PM

HE SOO GREEDY, HE SHOULDZ GIVE DAT MONEY TO PEOPLE IN BAD MORTGUGES!!!!111111111ONE

15

Posted by guest, Oct 10, 2008 4:45PM

I agree, perhaps he should give that money to people in bad mortguges.

16

Posted by guest, Oct 10, 2008 4:46PM

@13- you're a douchebag. don't let that go to your head.

17

Posted by guest, Oct 10, 2008 4:47PM

Bess, go get yourself some ass bleeding this week, you deserve it honey.

18

Posted by guest, Oct 10, 2008 4:54PM

9x on his money in 9 years. Hmmmm... WTF does Winkiedink think the old gray lady of the sea is, GS risk mgmt dept?

That stooge needs money. No doubt about it.

The Guy from Delaware

p.s. Maybe (hopefully) Uncle Sam is already on Winkiedink's case, and Winkie needs to pay the creeps from Skadden Arps to defend him. Yes, Skadden is here, and too many of those fucks live in my neighborhood. Ugh! Disgusting they are.

19

Posted by guest, Oct 10, 2008 5:02PM

TGFD, what is it exactly that you do? You spend an awful lot of time on DB. Just wondering is all.

20

Posted by guest, Oct 10, 2008 5:35PM

ha. 6 to 55 million. the upperend market still has a long way to go. I bet he gets rid of it for 15

21

Posted by guest, Oct 10, 2008 5:50PM

He needs the money for a condo he is building in China - on the good side of The Wall...

22

Posted by Anal_yst, Oct 10, 2008 5:51PM

@ TGFD/etc

Wink has other houses, as well. The guy has been @ the top for years, during which GS made a fortune for shareholders, occassionally clients, too.

Stop hating bro'

See ya'll by the NYSE

23

Posted by sales rep, Oct 10, 2008 5:55PM

The Guy From Deleware,

Wherever you came from, crawl back under that rock. This site was fantastic before you got here. You're a drag on the vibe here.

Tell me:

1. Do you know why the head of Blackstone has crab claws for hands when posted on this site?

2. Do you know who Brian Hunter is?

3. Could you pick Stevie Cohen out of a lineup?

You see, you're a fucking tool who talks big, but knows DICK about real life. Go jerk off on FARK and leave DB to adults with degrees.

24

Posted by guest, Oct 10, 2008 5:59PM

Anal_yst...

Thanks for the invitation to the gathering by the statue at 6, but I can't make it bro'. In Delaware, You know.

The Guy from Delaware

25

Posted by guest, Oct 10, 2008 6:10PM

He's selloing off so he can move his funds overseas. They are all making preparations incase the Fascist coup backfires, then the plan is to rendezvous at the Bush/Mooney compound in Paraguay - where oddly Americans now have blanket amnesty for all "war crimes".

http://yourmortgageoryourlife.wordpress.com/2008/10/10/are-these-the-forging-fires-of-the-nwo-we-feel/

http://yourmortgageoryourlife.wordpress.com/2008/09/22/conspiracies-and-headlines-whats-the-difference/

The truth is way scarier than any fiction!

26

Posted by guest, Oct 10, 2008 6:11PM

Dipshit@#23...

WTF do you sell, and how long have you been around DB? Never saw your handle before.

Your test is a joke...

1. Schwartzman's claws have looked that way for years.
2. Hunter is the clown who poses with that f'n fish all the time.
3. Cohen is a fat, bloated, slob with glasses who wears a crew neck t shirt under an open-collar dress shirt.

You should get your own shit together little one.

The Guy from Delaware

27

Posted by guest, Oct 10, 2008 7:17PM

This market is getting ridiculous:

http://upzero.com

28

Posted by SlashAndBurn, Oct 10, 2008 11:17PM

This Goldman retard thinks homes increase in value 9X every ten years. Winkelried can't see the forest through the trees, even as the world crumbles around him because of the burst Housing Bubble.

29

Posted by guest, Oct 10, 2008 11:38PM

SlashAndBurn@#28...

I like your style, and I agree; Mr. Winkiedink is a "Goldman Retard".

Haven't seen you before. If you're new, welcome to DB.

The Guy from Delaware

30

Posted by guest, Oct 11, 2008 1:52AM

$6M to $55M in 9 years!? Did even the hot markets (CA, FL, NV) go up that much in that time?

31

Posted by guest, Oct 11, 2008 9:03AM

Starting to question Bess' journalistic integrity. Over the past few weeks, her postings have been very speculative and full of holes, taking the story where she wants it to go--wanting to incite hate and disgust. By the way, does she have something personal against MS and its employees? While I think the $55M selling price is ridiculous, isn't it obvious that he must have done major renovations after spending $6M to purchase the property? Shouldn't that little piece of information be part of the story? What if he spent $20 million in renovations? That's double the price, which was the norm for the past 9 years for that area. No idea that this happened, but, certainly, that is an important piece of information. I guess I am expecting too much integrity from Bess. Hate all the sexist and rude jokes about her though. Uncalled for.

32

Posted by guest, Oct 11, 2008 9:04AM

Starting to question Bess' journalistic integrity. Over the past few weeks, her postings have been very speculative and full of holes, taking the story where she wants it to go--wanting to incite hate and disgust. By the way, does she have something personal against MS and its employees? While I think the $55M selling price is ridiculous, isn't it obvious that he must have done major renovations after spending $6M to purchase the property? Shouldn't that little piece of information be part of the story? What if he spent $20 million in renovations? That's double the price, which was the norm for the past 9 years for that area. No idea that this happened, but, certainly, that is an important piece of information. I guess I am expecting too much integrity from Bess. Hate all the sexist and rude jokes about her though. Uncalled for.

33

Posted by guest, Oct 11, 2008 11:33AM

@#31 with #32 Replay...

Regarding Mr. Winkiedink's buffoonish attempt at a 9x score, you said (twice, in fact):

"Shouldn't that little piece of information be part of the story?"

"No idea that this happened, but, certainly, that is an important piece of information. I guess I am expecting too much integrity from Bess."

Maybe you just woke up this morning, and maybe you haven't had your coffee yet, but LOOK. Right there on the first line of Bess' post is a link "on the market" that takes the reader right to a press article about the listing.

Lay off Bess. You can't even post correctly.

The Guy from Delaware

34

Posted by guest, Oct 11, 2008 5:57PM

Throw in Liz Claman and I'll pay the 55$ million AND bow on my knees to Alan Greenspan

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