Letter #2 to Goldman Sachs’s Lloyd Blankfein


Letter #2 to Goldman Sachs‘s Lloyd Blankfein In this book of letters written by ordinary people affected by the fallout from the financial crisis is a chapter devoted to Goldman Sachs starting on page 91. The second letter is from page 93 in The Trouble is the Banks:  Letters to Wall Street, edited by Mark Greif, Dayna Tortorici, Kathleen French, Emma Janaskie and Nick Werle, printed in paperback edition by n +1 Research Branch Small Books Series #4, 2012, New York, NY.

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Here is letter #2: $9,165 an hour–Wow Lloyd, You’re a Big Earner To:  Lloyd C. Blankfein, Goldman Sachs

Hi Lloyd,

So I just read online that your salary in 2010–including all of those delightful perks that just put a smile on one’s face–is $19.06 million. And your hourly wage is $9,165.  That’s great!  Do you even collect that much when you take lunch? Do you realize that by working a mere two hours you earn as much as someone who works full-time at minimum wage earns in a year? Wondering  if I could have your job for say, three hours a week.  Would that be too much to ask? You can leave the stuff that you don’t like about your job to me:  talking to the press about Occupy Wall Street, testifying at hearings about board members who are charged with insider trading.  You know, all that icky stuff. You can still wheel-and-deal and be your macho master-of-the-universe self.  I’ll just do the three hours of grunt work you don’t like each week. What do you say, Lloyd?  Deal?

Susie Meriden, CT

via Goldman Sachs: Information, Comments, Opinions and Facts: Letter #2 to Goldman Sachs’s Lloyd Blankfein.

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About Old Boy

Love the past and the future but live in the present

Posted on June 24, 2013, in Banking, buisiness and tagged , , , , , , , . Bookmark the permalink. Leave a comment.

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