We’re not yet finished with James Stewart’s New Yorker story, The Eight Days of the Financial Crisis, in which he takes us through the events of September 12 to September 19, 2008, but so far there’s lots of good stuff. Bernanke, who’s never yelled before, raises his voice to Hank Paulson, of all people, knowing exactly what the Hammer could do to him with just one hand. Jamie Dimon uses the word “pussyfoot” when telling AIG’s Willumstad to get his ass in gear. John Mack’s close personal friends call to tell him sorry, but they’re pulling their money from Morgan Stanley. An unnamed CEO cries while on the phone with Tim Geithner. And Lloyd Blankfein tells a Master of the Universe to quit being such a puss.

At 11AM, for the fourth consecutive day, investment bankers filed into the New York Fed. “I don’t think I can take another day of this, a Goldman banker told Lloyd Blankfein as they got out of the Goldman car.
“You’re getting out of a Mercedes to go to the New York Federal Reserve,” Blankfein responded. “You’re not getting out of a Higgins boat on Omaha Beach.”

Oh, and Hank Paulson smears some on some lipstick.


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Comments (30)

  1. Posted by guest | September 16, 2009 at 4:19 PM

    he squeals and looks like a pig

  2. Posted by guest | September 16, 2009 at 4:21 PM

    what a lovely shade! wherever might I find it?
    -sac trader

  3. Posted by guest | September 16, 2009 at 4:22 PM

    She looks so regal in that picture.
    Rev. Sun Young Moon

  4. Posted by Anal_yst | September 16, 2009 at 4:23 PM

    Blanky is alot tougher than he looks, eh?

  5. Posted by guest | September 16, 2009 at 4:23 PM

    I didn’t say ‘pussyfoot’ i said ‘i will shove my foot up your pussy’ if you don’t get moving. the latter is more menacing.
    -JD

  6. Posted by guest | September 16, 2009 at 4:26 PM

    fuck yeah blankfein!

  7. Posted by pfluger | September 16, 2009 at 4:28 PM

    Oh man, this is great stuff.
    A Blankfein smackdown, combined with the WWII reference!
    I really believe that LB may be the reincarnation of General George S. Patton.

  8. Posted by guest | September 16, 2009 at 4:28 PM

    Who wants to give me a pap smear?
    Dennis Kneale

  9. Posted by guest | September 16, 2009 at 4:31 PM

    I smacked around some employees, too, I just didn’t feel the need to drop WWII references. One blow to the stomach and “get up and take it like a man!” is all you need.
    -JD

  10. Posted by guest | September 16, 2009 at 4:32 PM

    @9 FTW!

  11. Posted by guest | September 16, 2009 at 4:36 PM

    LBs a little fighter!

  12. Posted by guest | September 16, 2009 at 4:39 PM

    I’m thinking we need to have CEO deathmatch!!!
    Every CEO of the financial crisis, one cage, one broken bottle, and one 35k toilet, in a 15×15 cage. I would say throw in HP and the Beard, but those two would destroy everyone.

  13. Posted by guest | September 16, 2009 at 4:40 PM

    Blankfein is so Brooklyn. I love that man.

  14. Posted by pfluger | September 16, 2009 at 4:41 PM

    Dead ringer. Take off the helmet, put some glasses on his nose, and its him – Blankfein in an prior incarnation:
    http://www.lbctnz.co.nz/sld/dyslexia/famous/patton.jpg

  15. Posted by guest | September 16, 2009 at 4:41 PM

    @14 agreed, although blankfein doesn’t wear glasses.

  16. Posted by guest | September 16, 2009 at 4:44 PM

    @13 same.
    -gary cohn

  17. Posted by guest | September 16, 2009 at 4:46 PM

    and as they headed towards the front doors of the Fed LB was seen marching and grabbing his crotch while yelling, “this is my rifle, this is my gun. this is for fighting, this is for fun.”

  18. Posted by Inquiring Minds | September 16, 2009 at 4:50 PM

    Bob Diamond or Jaime Dimon, who’s Maria’s favorite?

  19. Posted by pfluger | September 16, 2009 at 4:50 PM

    Oh goody! This military talk makes me hot! Will someone tell me when its BOHICA time???
    -DK

  20. Posted by guest | September 16, 2009 at 4:53 PM

    100 bucks the weeper was John Mack

  21. Posted by guest | September 16, 2009 at 4:59 PM

    This story about Blankfein is old news – I think EP posted about this way back.

  22. Posted by guest | September 16, 2009 at 5:02 PM

    @21 yeah, definitely not but thanks for playing.

  23. Posted by highlyconfident | September 16, 2009 at 5:08 PM

    The weeper was just a hammered Ken Lewis. He calls Timbo alot when he’s feeling blue because he “just loves chocolate, but gets upset because it makes him fat…”

  24. Posted by guest | September 16, 2009 at 5:21 PM

    Anyone else having trouble accessing the article as well?

  25. Posted by guest | September 16, 2009 at 5:41 PM

    i’m sorry, the goldman boys took a car to the fed? or is LB too much of a celebrity to walk the streets of downtown?

  26. Posted by guest | September 16, 2009 at 5:43 PM

    @25 they weren’t coming from the office, genius. it was the weekend.

  27. Posted by guest | September 16, 2009 at 5:51 PM

    riiiight…cause no one worked that weekend….

  28. Posted by guest | September 16, 2009 at 6:34 PM

    Higgins boat comment is from jan wsj story:
    http://online.wsj.com/article/SB123051066413538349.html

  29. Posted by guest | September 16, 2009 at 7:22 PM

    Dimon = Joaquim de Almeida

  30. Posted by Truth | April 21, 2010 at 7:32 PM

    Lloyd Blankfein is a criminal.

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