Lloyd Blankfein

John F. W. Rogers, some say, is “the single most powerful person at Goldman Sachs,” and has been for the last decade. The man behind the man behind the man. The Wizard of GS. The guy who Lloyd Blankfein was actually referring to when he said “We’re just doing god’s work.” Known as a “master tactician with a long record of behind-the-scenes accomplishments…for whom invisibility is part of a master plan,” Rogers, who came to the firm from Washington in 1994 with zero Wall Street experience, is an executive officer who sits on the management committee and has served as “chief of staff” to three CEOs: Blankfein, Paulson and Corzine, JSC being his first, on the recommendation of Bob Rubin. While his title is somewhat vague, Rogers is known as “the foremost guardian of Goldman’s partnership culture,” a man with not just gold-plated balls but crystal ones (“He said there would be some investigations and we would likely be the primary focus,” says Lucas van Praag. “He was right.”) and the guy you don’t want to fuck with (“If wronged, his vengeance can kill careers.”). Not convinced? Then answer this: would a guy with anything less than god-like power be able to pull off this? Read more »

In a recent interview with New York, Lloyd Blankfein said “I’m tired of [Charlie] Gasparino. I wish he would quit.” Chaz apparently caught wind of Blankfein’s wish, and earlier this afternoon, took to Twitter to respond. Read more »

If You Cut A Lloyd, Does He Not Bleed?

The past few years have not been the best of times, professionally speaking, for Lloyd Blankfein. As CEO of Goldman Sachs, the shit storm of the financial crisis landed on his head and with it, angry protesters, 75-100 pieces of hate mail each day, lawsuits, investigations, hearings before the Congressional brain trust, calls for him to be fired and/or jailed, the title of “Worst Person in the World,” executive MBA students who think they know how to run a bank better than he does, and half man/half horse semen aficionado Matt Taibbi.

While Lloyd is much loved within 200 West and among those who can’t resist the Lloyd Face, the hate from the outside has been difficult to take. Though he’s fully aware that “there’s a little bit of ‘for better or worse’” about a gig like his, and that “you can’t be the CEO without having to do what the CEOs have to do in distressed moments,” as Blankfein’s college roommate puts it, not having coveted “a public persona,” the “vilification makes him sad.” He’s not planning on leaving the firm any time soon but it’s clear LB needs a pick me up. Sitting down with New York recently for some real talk, he floated a few wants/wishes that, if you care at about him at all, should do your part to help grant. Read more »

As evidenced by an absurd debate he had last night at Chelsea Piers. Read more »

Back in April, both the New York Times and Charlie Gasparino claimed they’d heard Lloyd Blankfein was tired. So tired, they were told, that a regular nap would not suffice, but rather an entire lifestyle change was necessary, which included quitting his job. Goldman Sachs said the reports were untrue and reassured us at the time that Lloyd would be with us for many years to come. Unfortunately, the stories opened the door for people to start speculating about who might take over for LB when– we don’t even want to say it let alone think it– he decides he’s done running Goldman Sachs. They included current president Gary Cohn, vice-chairmen Michael Evans and Michael Sherwood, the latter of which was recently named Gary Cohn’s successor as chairman of the partnership committee, as well as “more junior candidates” like, David Heller, Harvey Schwartz, and David Solomon. Today Reuters reports that despite being less known than some of the other names, Solomon “might have what it takes to lead Wall Street’s most powerful bank.”

While it remains to be seen whether his slight resemblance** to Lloyd will be a good or a bad thing for his candidacy (will the fact that he kind of looks like LB serve as a constant reminder that he’s not LB and never will be?) insiders are apparently into Solomon’s laid-back attitude and the fact that he’s not a trader. Here’s a little more info on Lloyd Lite. Read more »

On the condition GS works for free. Read more »

Earlier this week, Andrew Ross Sorkin wrote that after speaking with executives at Goldman Sachs and officials in Washington, and “poring through” the Levin Report, he’d come to the conclusion that “Lloyd Blankfein wasn’t lying” when he testified last year that Goldman “didn’t have a massive short against the housing market.” Matt Taibbi read the column and he did not like it. In fact, it made him so angry-stinkin mad, in fact- that he was forced to lift his ARS fast (“I’ve been trying not to say anything bad about Andrew Ross Sorkin,” he said last night). As Taibbi scholars, please guess at this time what the defense of Goldman made MT want to do:

a) Throw scalding hot coffee in Sorkin’s face
b) Bake some of the horse semen he’d been storing in his fridge into a pie and smash it into Sorkin’s face
c) Run through the Times newsroom smashing sno-globes and flipping desks over
d) all of the above
e) none of the above
f) other Read more »