Hey guys – we’ll put it in the name of a trustee and Blankfein need never know

In a move certain to strike fear into the hearts of all Greenwich real estate agents, Goldman Sachs CEO Lloyd Blankfein is urging employees to eschew any large purchases while the kerfuffel over GS bonuses rages. Of course he doesn’t mean huge houses, my merry bankers – those are investments, not purchases, remember? Trust me on this.

5 Comments

Filed under Uncategorized

5 responses to “Hey guys – we’ll put it in the name of a trustee and Blankfein need never know

  1. Anonymous

    Sorry, this doesn’t have anything to do with your story, but when did you change the main photo on your blog? I like it much better. I couldn’t figure out if the previous shot was an orange barn on a lake or what.

  2. anonymous

    See how small were the cash bonuses in ’08? $800Kish, so ~$400K post-tax

    Restricted stock, options and an anti-consumption office culture don’t inspire lavish discretionary expenses among young cash-poor guys w/families looking for family (tax) shelter in Greenwich

  3. ogrcc

    400 k, poor master of the universe. How in the world do they make do ?

  4. Anonymous

    OG
    It’s difficult to make ends meet with just 400K bonus. Ask Michelle how she would cope.