Lucas Van Praag

  • News

    The Doctor Will See You Now

    Goldman Sachs’ former p.r. chieftain, Lucas van Praag, is hanging out his shingle, The Post has learned. The silver-tongued spokesman — known for his deft handling of the press and delivering withering rebuttals to critics during his 12-year stint at the bank — is launching LvP & Associates in Midtown, according to sources. The 62-year-old […]

    / Oct 18, 2012 at 6:53 PM
  • News

    Goldman Sachs Unimpressed By Sophomoric Writing Efforts Of Former Employee

    Back in March, a young man named Greg Smith published an Op-Ed in the Times called “Why I Am Leaving Goldman Sachs.” Greg wrote that despite joining a firm that, in the beginning, cared about “teamwork, integrity, a spirit of humility, and always doing right by clients” and not “just about making money,” he’d ultimately come to be sickened by a place that, twelve years later, he couldn’t even recognize. A place that, on Lloyd Blankfein and Gary Cohn’s watch, had lost its way. A place that, he’d come to see, was devoid of any sort of morals, whatsoever. A place that needed to take a long hard look at what it had become. A place that, he predicted, was not long for this earth. Because unlike Smith, whose proudest moments in life– “being selected as a Rhodes Scholar national finalist and winning a bronze medal for table tennis at the Maccabiah Games in Israel, known as the Jewish Olympics,” respectively– involved hard work and no short cuts, “Goldman Sachs today,” Smith wrote, is all “about the shortcuts and not enough about achievements.” Goldman Sachs 2.o, one might say, hasn’t worked an honest day in its life and that didn’t feel right to Smith anymore.

    The piece, which was said to come as shock to Goldman, did not please many people on the inside, nor did the $1.5 million deal Smith scored shortly thereafter to write Why I Left Goldman Sachs: A Wall Street Story, out October 22. Here’s how Greg’s publisher describes WILGS:

    From the shenanigans of his summer internship during the technology bubble to Las Vegas hot tubs and the excesses of the real estate boom; from the career lifeline he received from an NFL Hall of Famer during the bear market to the day Warren Buffett came to save Goldman Sachs from extinction-Smith will take the reader on his personal journey through the firm, and bring us inside the world’s most powerful bank.

    And while higher-ups at GS may have been initially worried about the potentially damaging revelations that would appear in the book, apparently time, a slap in the face and an order to ‘get it together you pustulant milquetoasts’ by the ghost of Lucas van Praag has resulted in this delightfully bitchy, exceptionally underminery comment from 200 West:

    “Every day, some young professional, after a decade in a post-collegiate job, reassesses his or her career and decides to move on and do something else,” David Wells, a Goldman Sachs spokesman said Dealbook in an e-mailed statement. “Others can better judge whether Mr. Smith’s particular career transition is of unique interest.”

    Regardless of whether or not Goldman is correct in its assessment that Greg’s sounds like the story dozens of analyst finishing their first year would tell of the “epic” stuff they witnessed during their 12 months of banking (+previous summer internship, during which things got pretty crazy) or if his particular career transition is indeed of unique interest, Dealbreaker will be hosting an evening of dramatic readings of select chapters, with yet-to-be secured GS alum/raconteur/boulevardier Lucas van Praag standing in for the part of Mr. Smith. Venue and ticket pricing to follow.

    Former Banker Promises A Peek At Goldman Sachs [Dealbook]
    Earlier: Resignation Letter Reveals Goldman Sachs Is In The Business Of Making Money, Hires People Who Don’t Know How To Tie Their Shoes; Jewish Ping-Pong Tournament Participant / Sixth-Year Goldman Sachs Vice President Is Looking For His Next Challenge; Goldman Sachs Accuser Greg Smith (Might Have) Lied About That Which He Holds Most Sacred

    / Sep 12, 2012 at 4:10 PM
  • News

    Good Night, Sweet Prince

    After 12 years of outstanding service, Lucas van Praag, global head of Corporate Communications, will retire from the firm at the end of March. We are pleased that Lucas will continue to provide strategic advice as a consultant to Goldman Sachs…Lucas has played a critical role in helping the firm navigate through one of the […]

    / Feb 8, 2012 at 10:30 AM
  • News

    Preposterous, Speculative Effluent: But If It Be True, Whither Next?

    Earlier today, some fairly distressing news came out of Goldman Sachs– according to three different people “familiar with the matter,” the bank “may” hire Richard “Jake” Siewert Jr. for “a role similar to the one held by Lucas van Praag.” While we’d love to plug our ears and pretend this isn’t happening, the reality is […]

    / Feb 1, 2012 at 3:54 PM
  • News

    Step Into Lucas Van Praag’s Office

    On the shelf in his office, there are no visible Polaroids, but Lucas van Praag does have a rubber squid that someone gave him as a gift. It is perched on top of a small toy boat. [NYMag, earlier]

    / Jul 27, 2011 at 5:14 PM
  • News

    Will Lucas van Praag’s Rebuttal To The Preposterous Claim Goldman Sachs Is To Blame For The Food Crisis Get The Carnival Barkers Out Of His Hair?

    Or will he be forced to get fellow vegan Natalie Portman to vouch for him? (That photo of LVP up to his elbows in ribs at Dinosaur BBQ was a fake!) Don’t Blame Goldman Sachs for the Food Crisis: Blame the meat-loving middle class. By Lucas Van Praag Frederick Kaufman’s article “How Goldman Sachs Created […]

    / May 4, 2011 at 3:21 PM
  • News

    Goldman Sachs Execs Are Sick Of JPMorgan Getting Away With Everything They Can’t

    A very wise, British-born, not banker but nevertheless partner of Goldman Sachs tasked with dealing with the firm’s image once lamented, “Jamie Dimon tells the government to wank off and the public calls him oh so spirited. Would life change for me if Lloyd wore lifts?” The Masters of the Universe aren’t usually ones to […]

    / Feb 4, 2011 at 12:00 PM
  • News

    Help Us Convince Goldman’s Media Team Lloyd Blankfein Should Go On Oprah

    First off, this is not some absurd idea we came up with on our own. At an event in London this afternoon, Fiona Laffan, Goldman Sach’s head of media relations in Europe said that the bank is tossing around the idea of 1) advertising on TV and 2) Blankfein appearing on Oprah’s couch.

    / Jun 22, 2010 at 12:58 PM
  • News

    David Viniar Stands By His Man

    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 […]

    / Jun 11, 2010 at 10:45 AM
  • News

    Goldman Sachs Has A Message For The World

    But it’s after 5 the night before a 3-day and if I can speak freely? I need to get out of here and can’t wade through this story just now. Also, while I’m sure there’s many a gem to be found within, based on an intimate knowledge of the firm, plus the article’s dek (“When […]

    / Apr 1, 2010 at 5:30 PM
  • News

    Lucas Van Praag’s Secret Weapon

    Given that he’s a celebrity spokesman, most of you should be aware of Lucas Van Praag’s pedigree by now. The mouth of Goldman Sachs was born and raised in England, graduated from the University of Durham, and prior to entering the world of PR, learned a most important life skill as a Navy officer: how […]

    / Feb 17, 2010 at 11:53 AM
  • News

    Goldman Sachs Spokesman Lucas Van Praag Would Like Bonus Speculators To Take A Bow

    Earlier this morning we mentioned a story by the Sunday Times which claimed, according to “bankers at Davos,” that Lloyd Blankfein would be taking home a $100 million bonus this year. We asked Goldman Sachs spokesman Lucas Van Praag for his thoughts on the report. His short answer, via Larry Summers, can be found here. […]

    / Feb 1, 2010 at 12:37 PM

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