“They’re totally freaked out about Volcker,” said a Goldman lobbyist who declined to speak on the record for fear of losing the contract. “People are working on that a lot, with agency staff, with lawmakers, you name it.”…”Before the crisis, Goldman was basically non-existent in Washington,” said a former Congressional staffer who now works as a policy analyst at a Wall Street bank. “Post-crisis, Goldman is everywhere.” [Reuters]
A letter to Albany: Read more »
Like Lloyd Would Have Time To Be Treasury Secretary While Filling The Void Left By Oprah, Getting Us To Mars, Convincing The Networks To Bring Back Three’s Company**By Bess Levin
“Lloyd is never going to be treasury secretary.”– Money and Power author William Cohan, who apparently isn’t aware that the gig of Treasury Secretary of the US will be so far beneath Blankfein’s next pivot.
**Gary Cohn will take the Ritter part
Net income dropped 21 percent but it still beat expectations so high-fives all around! Read more »
A month ago, Charlie Gasparino reported that Lloyd Blankfein’s friends had told him LB was tired of the grind and mulling over stepping down as CEO of Goldman Sachs by the end of the 2011. Goldman denied the story and reassured the world that Lloyd would be with us for many years to come. Apparently these so-called friends, like Gasparino, who said the denial was merely proof that GS was lying to him, beg to differ and have continued to tell the press Lloyd is on the way out. Read more »
Goldman Sachs is “a financial snake pit rife with greed, conflicts of interest, and wrongdoing,” Levin told reporters today.
Pro-Tip: Upon Finding Yourself In An Elevator With Lloyd Blankfein, Whistling The Theme Song To WKRP in Cincinnati Will Get You FarBy Bess Levin
According to William Cohan’s new Goldman book, Money and Power, Blankfein is known to “sing sitcom theme songs from the 1970s.” You get in a lift together today, you hum a few bars and let it hang there, in the air. Then, with a twinkle in his eye, LB picks up where you left off. You’ll be the next Gary Cohn before the doors open. Read more »