Ace “I give away Viagra” Greenberg came out of his silence today to support Lloyd & Co. (well, mostly Lloyd) who have been unfairly attacked for no valid reasons. People just don’t understand that the banking world needs superstars that need to be very well compensated and that the industry (GS) has been doing a very fine job, thank you very much, so stop harassing them.
“You don’t win the World Series and not have A-Rod” he said in a CNBC interview.
Ace also argued that banks were forced to take the TARP money and that Obama’s proposed bank tax is just “unfair, unwarranted and unprecedented.”
On the potential Glass-Steagall resurrection, Ace had just one thing to say: “The egg has been scrambled and I don’t think they can put it back in the shell.”
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didn't he have an affair with barbara walters
Ah, which resolves totally with his prior statements that the AIG (FP) fiasco was entirely Goldman's fault…
Yea, this guy isn't senile or anything, no, not at all.
@2, wrong Greenberg genius
@3
yes, apparently reading is fundamental, I now realize, fml
He should have done something about this when he was Fed Chairman.
Need doggy pic please.
@6: Wrong Greenberg, this is the one who groped his secretary on the 5th floor @ 383 Madison while adjusting his bowtie.
-mrp
What ever happened to Bear Stearns? Oh yeah, you blew the POS up Ace. Shut your trap and go use that goddamn golf club for something useful.
@6 see 3,4. Then it's seppuku time
whata dick
@8 Actually it was Jimmy Cayne, passing the peace pipe, on the 6th floor.
We won't blame Warren Spector, Rich "Film Critic" Marin… For them, as Daisy DeLaHoya says.."oopsie".. At least they got out while the getting was good.
-mrp
Former Chairman, 5th Floor Bathroom Foot Tapping Committee
Does anyone really care about what htis guy has to say? CNBC is an absolute joke. Can we get obama to ban CNBC and just go full fledged communist state already??
@11 – Actually fuckwit it was Ace on the trading floor swinging a golf club. The bankers did not blow up BSC the traders did.
Is that purple Mad Dog in the Streetwise charity add? Nice work marketing.
This Dow's coming off faster than a Waffle House waitress uniform when Tiger's in town.
~Warren B
@13-
'Fuckwit' here.. The last time AG swung the club was in 1987. The second time (2008) it was already too late.
Spector was not on the "banking" side – if you knew what you were talking about, you would know that Spector was in charge of the trading side, while the IB side reported to Alan Schwartz (prior to the mutiny). Spector's lack of oversight in the trading area, combined with Cayne's inability to comprehend/actually give a f*ck and manage is what ultimately brought down the firm.
AG was barely in his office on the 5th floor, Northeast Corner (facing JPM).
Enjoy.
@13 – don't fk with mrpink and don't speak what you don't know…carry on, nothing to see here.
-not mrp
@16/OoO your GS is falling 2.5x as fast as that.
Barry has finally lost it. He has crossed over. The C-word is being used. Carter.
I'll take "contract with america" for $1,000 alex…
Someone get the teleprompter away from that idiot.
@gherkin maybe that's what you get for listening to Carter-appointee Paul Volcker.
Just absolutely insane what Obama is saying. Also the "Will Develop Forceful Response" to the Sup. Ct.'s decision on overturning campaign limits is striking — he knows everyone else is going to get $$ 'cept for him come re-election time.
That man has gone full tilt retarded today.
-mrp
wonder if Ace knows about HAND bridge?
you got any more of that gum, Ace?
no and I prefer that you stay out of my personal affairs.
youre a weird guy, Ace. weird guy.
Zucker suckers at CNBC are delusional douches. Burnett is the Ryan Seacrest of financial bites.