Goldman Sachs (Executive) Desperate To Sell Assets

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This is the sort of bull of such magnificent proportions that I don't even want to pass it on but here it is. Goldman Sachs president and co-chief operating officer, Jon Winkleried, has been forced to cut the asking price of his Nantucket waterfront home a whopping 30 percent. In October, Winks put the vacation place, set on 5.9 acres on Cathcart Road, which he bought in 1999 for about $6 million, on the market for $55 million. No bites, and now, per the Journal, Winkle has been reduced to practically giving the spread away, currently priced at $38.5 million. A time-share situation, wherein Warren Buffett's would pay $5,000/week for 6 weeks/year (with a few buxom prosties as WB's special preferred dividend), in the hopes that others will pay $1 million/week, is said to be gaining ground as Winks's Plan B.
Goldman Official Cuts Nantucket Price by 30% [WSJ via Cityfile]

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