• 23 Mar 2011 at 10:32 AM

LLOYD BLANKFEIN IS ON THE STAND


This morning it was reported that Lloyd Blankfein would be called to testify in the Raj Rajaratnam insider trading case as early as this week. Apparently, it’s happening today, right now, with LB having been “summoned to the witness stand” at 10:30.

79 comments (hidden to protect delicate sensibilities)
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Comments (79)

  1. Posted by Guest | March 23, 2011 at 2:45 PM

    How do you know a banker is lying to you?
    His lips are moving!

  2. Posted by Anonymous | March 23, 2011 at 2:50 PM

    Raj Raj FTW!

  3. Posted by Covey 01 | March 23, 2011 at 2:51 PM

    Lloyd is going to make Sri Lankan hash meat out of the Raj Raj.

  4. Posted by Covey 01 | March 23, 2011 at 2:59 PM

    Bess, are 7 warning lights really necessary. This is going to be a Ali – Lewis fight!

  5. Posted by Financial_Servicer | March 23, 2011 at 3:08 PM

    Matt Taibbi just had an orgasm.

  6. Posted by Christmas Vacation | March 23, 2011 at 3:10 PM

    Bess, The little lights… they aren’t twinkling

  7. Posted by Christmas Vacation | March 23, 2011 at 3:10 PM

    Bess, The little lights… they aren’t twinkling

  8. Posted by Chaz | March 23, 2011 at 3:12 PM

    Lloyd didn’t do it, he told me so himself.

  9. Posted by Guest | March 23, 2011 at 3:12 PM

    Bberg said:

    “In calling Blankfein as a witness, prosecutors in the office of U.S. Attorney Preet Bharara in Manhattan said they don’t want Blankfein to be questioned about “whether Goldman Sachs is presently the subject of any pending investigations by either the Department of Justice or the U.S. Securities and Exchange Commission” and whether the bank bears any responsibility for the 2008 financial crisis. ”

    But does this mean that Defense is allowed to ask him if he’s doing God’s work?

  10. Posted by Guest | March 23, 2011 at 3:13 PM

    Court: “Do you swear to tell the truth, the whole truth, and nothing but the truth, so help you God?”

    LB: “Yes, I help God and do his/her/chrisrock’s work by shepherding the Goldman flock”

  11. Posted by In Side Her Trading | March 23, 2011 at 3:14 PM

    Raja, raja, raja not gonna work here anymore

  12. Posted by Guest | March 23, 2011 at 3:16 PM

    Oh I understand now. All that market intelligence Charlie was picking up was really code words for him taking the stand. Imminent retirement actually imminent testimony. Good on ya, Charlie.

    -Armchair Enigma Coder

  13. Posted by Shecky Cable | March 23, 2011 at 3:16 PM

    What’s the problem with banker jokes? Bankers don’t think they’re funny, normal people don’t think they’re jokes.

  14. Posted by Anonymous | March 23, 2011 at 3:18 PM

    “Mr. Blankfein, is pimping easy?”
    “No.”

  15. Posted by Anonymous | March 23, 2011 at 3:18 PM

    “Mr. Blankfein, is pimping easy?”
    “No.”

  16. Posted by Anonymous | March 23, 2011 at 3:18 PM

    “Mr. Blankfein, is pimping easy?”
    “No.”

  17. Posted by Preacherman | March 23, 2011 at 3:20 PM

    He sitteth on the right hand of God the Father Almighty; from thence he shall come to judge the quick and the dead…. and the tipsters, and the traders, and the board members and ….

  18. Posted by Guest | March 23, 2011 at 3:21 PM

    How many times will he plead the 5th?

  19. Posted by Hunter Thompson | March 23, 2011 at 3:23 PM

    “The investment banking business is uglier than most things. It is normally perceived as some kind of cruel and shallow money trench through the heart of the financial industry, a long plastic hallway where thieves and pimps run free and good men die like dogs, for no good reason. Then, there’s a dark side.”

  20. Posted by Hunter Thompson | March 23, 2011 at 3:23 PM

    “The investment banking business is uglier than most things. It is normally perceived as some kind of cruel and shallow money trench through the heart of the financial industry, a long plastic hallway where thieves and pimps run free and good men die like dogs, for no good reason. Then, there’s a dark side.”

  21. Posted by Guest | March 23, 2011 at 3:25 PM

    Will he be asked how many BMW’s the sales dept received from Raj?

    http://www.bloomberg.com/news/2011-03-22/galleon-tipper-rajiv-goel-takes-stand-in-rajaratnam-insider-trading-trial.html

    “Goel said he and Rajaratnam shared confidences. In 2003, Rajaratnam told Goel that two women who worked in Intel’s sales department had leaked information to him, and Rajaratnam gave each of them a BMW car in return, Goel testified. ”

  22. Posted by Anonymous | March 23, 2011 at 3:26 PM

    Guilty….just doing god’s work!

    LB

  23. Posted by Anonymous | March 23, 2011 at 3:28 PM

    Prosecutor: Can you show the court room where Raj touched you by pointing on this doll?

  24. Posted by Guest | March 23, 2011 at 3:29 PM

    Lawyers love them. They’re off the hook for a while.

  25. Posted by Put_Option | March 23, 2011 at 3:30 PM

    Court: “Mr. Blankfein, insider trading can have gray areas of right and wrong, but how do you gauge Mr. Rajaratnam’s utilization of yoga pants?”

    Lloyd aka Mr. BSD: “GSAM is confident that our naked short on said yoga pants will be exited at a huge multiple. No pun intended”

  26. Posted by Put_Option | March 23, 2011 at 3:30 PM

    Court: “Mr. Blankfein, insider trading can have gray areas of right and wrong, but how do you gauge Mr. Rajaratnam’s utilization of yoga pants?”

    Lloyd aka Mr. BSD: “GSAM is confident that our naked short on said yoga pants will be exited at a huge multiple. No pun intended”

  27. Posted by Put_Option | March 23, 2011 at 3:30 PM

    Court: “Mr. Blankfein, insider trading can have gray areas of right and wrong, but how do you gauge Mr. Rajaratnam’s utilization of yoga pants?”

    Lloyd aka Mr. BSD: “GSAM is confident that our naked short on said yoga pants will be exited at a huge multiple. No pun intended”

  28. Posted by Supraman | March 23, 2011 at 3:31 PM

    Into a pie?

  29. Posted by Supraman | March 23, 2011 at 3:31 PM

    Into a pie?

  30. Posted by Supraman | March 23, 2011 at 3:31 PM

    Into a pie?

  31. Posted by Guest | March 23, 2011 at 3:34 PM

    Nothing here to see. This guy is Harvard Law JD 1978

  32. Posted by Mexican Coke Shark | March 23, 2011 at 3:38 PM

    In court, people on the stand do not swear on the bible, they raise their hand and swear on Lloyd Blankfein.

    /Lucas V

  33. Posted by Guest | March 23, 2011 at 3:42 PM

    There are 4 lights?

  34. Posted by Mexican Coke Shark | March 23, 2011 at 3:43 PM

    Into a glory hole at the Port Authority?

  35. Posted by Cpt. Picard | March 23, 2011 at 3:43 PM

    THERE ARE 4 LIGHTS!

  36. Posted by Anonymous | March 23, 2011 at 3:50 PM
  37. Posted by In Side Her Trading | March 23, 2011 at 3:51 PM

    Worst

  38. Posted by Put_Option | March 23, 2011 at 3:53 PM

    Is this a recycled Chuck Norris joke?

  39. Posted by Put_Option | March 23, 2011 at 3:53 PM

    Is this a recycled Chuck Norris joke?

  40. Posted by Guest | March 23, 2011 at 4:05 PM

    Defense should ask Lloyd about Stephen Friedman’s insider tr— errr… I mean “conflict of interest.” to establish that like Stephen, Raj wasn’t insider trading but merely caught in a conflict of interest between his Swiss bank account and the SEC…

  41. Posted by Anonymous | March 23, 2011 at 4:05 PM

    Yes, I believe this is the exact teddy bear the prosecutor used:

    http://www.buildabear.com/MEDIA_CustomProductCatalog/m10090325_13439_7560_16438L.jpg

  42. Posted by guest | March 23, 2011 at 4:06 PM

    JD went to HBS… what is a ‘Harvard Law’??

    – Bare Quant

  43. Posted by Anonymous | March 23, 2011 at 4:06 PM

    and by teddy bear, I assume you mean honey baked ham?

  44. Posted by Anonymous | March 23, 2011 at 4:06 PM

    and by teddy bear, I assume you mean honey baked ham?

  45. Posted by Anonymous | March 23, 2011 at 4:06 PM

    and by teddy bear, I assume you mean honey baked ham?

  46. Posted by Anonymous | March 23, 2011 at 4:06 PM

    and by teddy bear, I assume you mean honey baked ham?

  47. Posted by Anonymous | March 23, 2011 at 4:06 PM

    and by teddy bear, I assume you mean honey baked ham?

  48. Posted by Anonymous | March 23, 2011 at 4:06 PM

    and by teddy bear, I assume you mean honey baked ham?

  49. Posted by Anonymous | March 23, 2011 at 4:06 PM

    and by teddy bear, I assume you mean honey baked ham?

  50. Posted by Teutonic | March 23, 2011 at 4:07 PM

    Wurst!

  51. Posted by Teutonic | March 23, 2011 at 4:07 PM

    Wurst!

  52. Posted by Teutonic | March 23, 2011 at 4:07 PM

    Wurst!

  53. Posted by Teutonic | March 23, 2011 at 4:07 PM

    Wurst!

  54. Posted by Teutonic | March 23, 2011 at 4:07 PM

    Wurst!

  55. Posted by Teutonic | March 23, 2011 at 4:07 PM

    Wurst!

  56. Posted by Teutonic | March 23, 2011 at 4:07 PM

    Wurst!

  57. Posted by NYRebel | March 23, 2011 at 4:09 PM

    This is like when God and Moses had a chat on that mountain. Lloyd is going to give us the ten commandments from the witness stand.

  58. Posted by Lebron's Mom | March 23, 2011 at 4:12 PM

    Take this JV shit elsewhere. Die in a fire, asshole!

  59. Posted by Anonymous | March 23, 2011 at 4:28 PM

    Hot girls are never accepted?

  60. Posted by Tommy Collins | March 23, 2011 at 4:40 PM

    You’re out of order….no no no you’re out of order….this whole court room is out of order.

  61. Posted by Tommy Collins | March 23, 2011 at 4:40 PM

    You’re out of order….no no no you’re out of order….this whole court room is out of order.

  62. Posted by In Side Her Trading | March 23, 2011 at 4:45 PM

    -1

  63. Posted by Guest | March 23, 2011 at 5:05 PM

    Come on, Bryce. There are a lot more important problems than Sri Lanka, and in this case its food, to worry about

    Pat

  64. Posted by Guest | March 23, 2011 at 5:05 PM

    Come on, Bryce. There are a lot more important problems than Sri Lanka, and in this case its food, to worry about

    Pat

  65. Posted by Guest | March 23, 2011 at 5:05 PM

    Come on, Bryce. There are a lot more important problems than Sri Lanka, and in this case its food, to worry about

    Pat

  66. Posted by The Observer | March 23, 2011 at 5:12 PM

    I’d show you what out of order is but I’m too old, I’m too tired, I’m too fuckin blind

  67. Posted by The Observer | March 23, 2011 at 5:12 PM

    I’d show you what out of order is but I’m too old, I’m too tired, I’m too fuckin blind

  68. Posted by The Observer | March 23, 2011 at 5:12 PM

    I’d show you what out of order is but I’m too old, I’m too tired, I’m too fuckin blind

  69. Posted by The Observer | March 23, 2011 at 5:12 PM

    I’d show you what out of order is but I’m too old, I’m too tired, I’m too fuckin blind

  70. Posted by Put_Option | March 23, 2011 at 5:44 PM

    And ladies and gentlemen of the jury, the prosecution is not going to get that man today, no, because I’m gonna get him! My client, the Honorable Raj, should go right to fucking jail! The son of a bitch is guilty!

    - A. Pacino

  71. Posted by Put_Option | March 23, 2011 at 5:44 PM

    And ladies and gentlemen of the jury, the prosecution is not going to get that man today, no, because I’m gonna get him! My client, the Honorable Raj, should go right to fucking jail! The son of a bitch is guilty!

    - A. Pacino

  72. Posted by Put_Option | March 23, 2011 at 5:44 PM

    And ladies and gentlemen of the jury, the prosecution is not going to get that man today, no, because I’m gonna get him! My client, the Honorable Raj, should go right to fucking jail! The son of a bitch is guilty!

    - A. Pacino

  73. Posted by Put_Option | March 23, 2011 at 5:44 PM

    And ladies and gentlemen of the jury, the prosecution is not going to get that man today, no, because I’m gonna get him! My client, the Honorable Raj, should go right to fucking jail! The son of a bitch is guilty!

    - A. Pacino

  74. Posted by Put_Option | March 23, 2011 at 5:44 PM

    And ladies and gentlemen of the jury, the prosecution is not going to get that man today, no, because I’m gonna get him! My client, the Honorable Raj, should go right to fucking jail! The son of a bitch is guilty!

    - A. Pacino

  75. Posted by Kouwanus | March 23, 2011 at 6:56 PM

    You are an embarrassment to Dealbreaker.

  76. Posted by Robnyc203 | March 23, 2011 at 8:01 PM

    I see what you did there. Now you’ll have to excuse me. I have a lunch meeting with Cliff Huxtable at the Four Seasons in 20 minutes.

  77. Posted by Guest | March 23, 2011 at 8:02 PM

    into a cup.

  78. Posted by Guest | March 24, 2011 at 2:57 PM

    The Four Seasons ? Isn’t that a little far uptown ?
    I mean, aren’t you gonna be late ?

  79. Posted by Guest | March 24, 2011 at 2:57 PM

    The Four Seasons ? Isn’t that a little far uptown ?
    I mean, aren’t you gonna be late ?