“I really like the idea that there is a flowering tree that’s blossoming here, indigenous to Brooklyn, rising out of an urban area,” Blankfein said yesterday in Bed-Stuy, while helping break ground on The Bradford, a low-income housing project financed by Goldman’s Urban Investments Group named for a type of pear tree that grows in the borough. [Daily Intel]

Comments (16)

  1. Posted by Guest | October 26, 2010 at 2:35 PM

    It’s God’s work he’s doing here people.

  2. Posted by Mackey Sasser | October 26, 2010 at 2:42 PM

    Incidentally, Goldman defines “low income” as less than seven figures.

  3. Posted by I am the NKI | October 26, 2010 at 2:46 PM

    in NY 1-5mm p/a is lower middle class, so thats not unfair

  4. Posted by Anonymous | October 26, 2010 at 2:49 PM

    Ornamental pear trees are indigenous to Long Island?

  5. Posted by ExtraOrdinaryPopularDelusions | October 26, 2010 at 2:52 PM

    Actually, Bradford pears are indigenous to China. Similar to most of your liquidity.

    Numbnut.

  6. Posted by Guest | October 26, 2010 at 2:56 PM

    The weak crotches make the Bradford Pear very susceptible to storm damage.

    Weak crotches…

  7. Posted by ExtraOrdinaryPopularDelusions | October 26, 2010 at 2:57 PM

    I feel like he wanted to say “inconceivable” but chickened out at the last second.

  8. Posted by Dodo-Dragon Princess | October 26, 2010 at 3:14 PM

    Hey, how’s your mom? We went out dipshit.

  9. Posted by InfiniteGuest | October 26, 2010 at 3:21 PM

    Plus the firm gets to put $7.8mio of someone else’s New Markets Tax Credit toward a $6.5mio investment.
    It’s like a giving tree.

  10. Posted by Guest | October 26, 2010 at 3:23 PM

    Weak Eden allusions in Brooklyn: About as close to God’s Work as LB will get.

  11. Posted by The Guestronomist | October 26, 2010 at 3:33 PM

    That tree is going to look so nice with all of those kittens hanging from it.

  12. Posted by General Disarray | October 26, 2010 at 3:52 PM

    Who knew LB was a leading member of The Rent is Too Damn High party? I think he needs to truly show his support for Jimmy McMillan by growing some large muttonchops and a beard that looks like testicles.

  13. Posted by Dirtydot | October 26, 2010 at 4:00 PM

    Who owns Brooklyn?

    America on Sale, From Matt Taibbi’s ‘Griftopia’

    And America is taking Daley’s advice. At this writing Nashville and Pittsburgh are speeding ahead with their own parking meter deals, as is L.A. New York has considered it, and the city of Miami just announced its own plans for a leasing deal. There are now highways, airports, parking garages, toll roads — almost everything you can think of that isn’t nailed down and some things that are — for sale, to bidders unknown, around the world.

    The reason these lease deals happen is the same reason the investment banks made bad investments in mortgage-backed crap that was sure to blow up later, but provided big bonuses today — because the politicians making these deals, the Rendells and Daleys, are going to be long gone into retirement by the time the real bill comes due.

    http://www.rollingstone.com/politics/news/17390/222206?RS_show_page=0

  14. Posted by Mr. Orange | October 26, 2010 at 4:29 PM

    I don’t get the joke.

    Oh, wait – you were seriously pointing to that (spamming it) as “journalism,” weren’t you?

  15. Posted by Nyrebel2003 | October 26, 2010 at 8:58 PM

    LB grew up in the Linden Houses Projects in East New York? GTFOOH! GS keeps it ‘hood all day, son…WORD!

  16. Posted by Shaolin | October 26, 2010 at 11:17 PM

    Brooklyn son…Wu Tang fo’eva

    Is Lloyd ODB or Rza?

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