Like the elderly couple that has money in the bank but nevertheless scrimps and saves every last scrap of food because they lived through the depression, flashbacks to John Thain skipping board meetings to powwow with decorators to select the finest drapes and trashcans money could buy keeps Greg Fleming in check. Read more »

“People are angry because they want to blame somebody else. They don’t take responsibility for their own goddamn lives. ‘I’ve never been promoted, because they don’t like me and there were these guys at AIG, look at them they have free lunches and EZ Pass and look at me I don’t get a free lunch.’ These people make me nuts. Get off your goddamn ass and do something. That’s what the people at AIG did, They picked up their asses and went to work.” [Pressler, related]

Alternatively, things are looking up for those hoping to romance an Olympic synchronized swimmer. Read more »

The Mets’ deal to sell a minority stake in the team for $200 million to David Einhorn, a hedge fund manager, is finished except for completing the deal’s paperwork, said one person briefed on the sale. [NYT, earlier]

  • 30 Nov 2010 at 1:47 PM

Want A Free iPad?

Get a job at JPMorgan. Read more »

SUPER excited? Read more »

It’s already been widely reported that Lloyd Blankfein’s son Jonathan will join the the other vampires at Goldman Sachs this summer, after he graduates from Harvard. LB’s older son Alexander (Harvard ’08) already works there, having made it through the a very rigorous interview process that lasted 57 rounds until everyone was sure this kid had what it takes. How much did Alex make last year? According to Goldman’s recent filing with the SEC, $155,000. Which…isn’t really that much? Or at least not enough to claim nepotism? Unless of course the other first years in “cross asset sales” took home much less, in which case, do it. GET ANGRY. Otherwise this doesn’t really seem like a perk, so much as pretty standard pay at GS. Having Lucas vP maintaining your Facebook page, that’s a perk. Viniar securing your dinner reservations: perk. Gary Cohn teaching you how to play airplane in the C-suite and personally rotating your golden scrot, this is a perk (kidding, he does this for everyone). $155,000? Eh? Read more »