Perhaps some of you remember Jon Winkelried? The former Goldman Sachs co-president is persona non grata at the firm but for the purposes of context, a quick refresh: Winkelried was the good for nothing prick who abandoned Lloyd Blankfein when the CEO needed him most, and when it would look most bad for the company to have a high level departure (circa the shit hitting the fan era). A traitorous shrew, really, who let deaf ears fall on Blankfein’s pleas to stay, and who traded it all in for a bunch of barnyard animals.
Anywho, Goldman ended up getting on just fine with out he whose name shall not be mentioned, got on great in fact, but his actions did leave a lasting mark on Blankfein, namely that he lost the ability to open up and trust high level execs and that his previously dormant abandonment issues flared up like nobody’s business. So when there was talk of Goldman CFO David “Bones” Viniar retiring, Lloyd naturally panicked. But apparently it was for naught. Bones would never do that to his li’l fella. Continue reading »
When Jon Winkelried, former president and co-chief operating officer of Goldman Sachs, left 85 Broad last year, all we knew was that he’d had some personal “liquidity issues” a few months prior, and was bailed out by the firm. It was unclear exactly as to why he was leaving the nest though many assumed Lloyd and Co were embarrassed by Winks’ inability to manage his own finances and pushed him out. That story’s been pretty much undisputed by Goldman Sachs, until now, in an effort to allow Blankfein to save face. Because the truth hurts LB as a CEO and as a man. The truth is that Winkel-toes had grown “disenchanted” and stopped looking at Lloyd the way he used to. And- and this is the part that stings- there was someone else. A stud. Actually, a bunch of studs, plus all their friends. And they let Winks do stuff to them that LB hadn’t done in years. Like ride them bareback.
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I don’t think you people truly understood what Goldman Sachs was giving up when it said good-bye to co-prez Jon Winkelried last night.
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