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November 8th, 2009 In an interview with Times Online, Lloyd Blankfein, Chairman and CEO of Goldman Sachs claims he is a banker "doing God's work".
In this extensive article, journalist John Arlidge not only interviews Blankfein, but explores almost every aspect of the real goings-on inside Goldman Sachs.
Some of Arlidge's insight includes:* 'An impish grin spreads across Blankfein's face. Call him a fat cat who mocks the public. Call him wicked. Call him what you will. He is, he says, just a banker "doing God's work".'
* 'No calls to meet in the basement to club baby seals to death first thing in the morning to get in the mood for a hard day's banking? "God, no," one staffer says wryly. "We don't club baby seals. We club babies." '
* 'Staffers enjoy lavish perks. The firm has its own chefs to make sure visiting guests can eat and drink with Goldman partners in style and away from envious eyes. There is a company gym, a doctor's surgery and a creche. Every staffer gets private health insurance as standard. Staff can take a taxi on the firm pretty much whenever they want. Lines of black cabs snake around the back of the building at night.'
* 'In 2007, the Goldman Sachs boss Lloyd Blankfein earned $68m, a record for any Wall Street CEO. A good investment banking partner at Goldman will make $3.5m a year, a good trading partner $7-10m a year, and a management committee member $15-25m.'
Check it out; read more about this loathesome excuse for a human being and others just like him at Goldman Sachs.
NoJobSurvivors commend John Arlidge on this piece.
Latest Comments
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I was approved for eb which would have been my final 20 weeks I am seeking as have been any employment. it is sad when you can't even get the minimum paying jobs ...
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I live in Texas and have just had my Tier IV benefits (13 weeks) "triggered off" as of May 12th. Everyone that I know is unemployed. I don't know where the state ...
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..so i called Colorado unemployment and they said "Yes" for Federal Extended benefits...i will let you know..
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