Lloyd Blankfein

Wherever there's a threat of sexual violence, there I'll be.

His plan is fairly simple: “put Lloyd Blankfein in pound-me-in-the-ass prison.” Continue reading »

This is probably not something Lloyd wanted to hear today but he’s going to have to get used to it: Bill Simmons has apparently hired away the amazing Katie Baker, who’s been with Goldman Sachs for the last six years, most recently as a VP, for his new project. Sorry, LB. You knew this day was coming, but you probably imagined it’d be Jamie doing the poaching. [Deadspin]

In June 2009, as you may remember, Kenneth Feinberg was knighted Compensation Cop and given the authority to get involved in the payouts made to executives of 7 firms that received taxpayer bailouts. They included the biggest fuck-ups, who’d it’s be really bad to see generously compensating their top employees, like Citigroup, Bank of America, AIG. Goldman Sachs was not one of the companies required to get Feinberg’s approval on packages, but with the sensation of what it felt like to be strung up by the balls fresh in his mind, Lloyd Blankfein thought it’d be prudent to give the Comp Cop a buzz anyway, in a move that may surprise those who were previously under the impression Goldman didn’t answer to anyone. Continue reading »

Sharon Sinaswee, the 42-year-old founder of Armada Building Services, a small janitorial company in East Harlem, was a member of the first class of an entrepreneurship program sponsored by Goldman called 10,000 Small Businesses. It was time for execs from the investment bank to read participants’ business plans. She’d been paired with Blankfein. They spent an hour together as the Wall Street titan grilled her about her business. Among his tips: Sinaswee should cultivate a large pool of freelance handymen to tap at peak times. “He said I was on the right track,” said Sinaswee, who recently added two employees to her four-person staff and scored a contract from the city’s Department of Education. [NYDN]

Lloyd’s base salary has been raised from $600,000 to $2 million, according to the firm’s latest filing. Wingman Gary Cohn got bumped from $600,000 to $1.85 million.

When asked by Fortune why people could possibly want to work at Goldman Sachs, which doesn’t have a free cafeteria like Google or a super nice gym or compensation wildly better than those of some other Wall Street firms, one employee defensively answered, “People on the outside are not aware of the feeling…The sense of family and belonging that comes from working here is like none other.” People, it seems, just don’t get what it’s like to work at a place where you feel safe and warm. Where you can go to Lloyd Blankfein if you’re in trouble. Where everyone’s got your back. And where you have theirs. Meaning you would do anything for them. And by anything, we mean an-y-thing. And not just the standard getting rid of hookers stuff but, just, as an example, putting a cap in the ass of a guy who cut them in line at the movie theater and then suggested they were to blame for the near-collapse of the economy. Which is what some GS employees have been wanting to do for a while, and would’ve if Papa Blankfein hadn’t held them back. Continue reading »