Blog Archives

Letter #4 to Goldman Sachs’s Lloyd Blankfein


Letter #4 to Goldman Sachs‘s Lloyd Blankfein

Posted: 25 Jun 2013 07:18 AM PDT

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 fourth letter is from page 95 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.

Here is letter #4:

An Opportunity

To:  Lloyd C. Blankfein, Goldman Sachs

Dear Mr. Blankfein,

We are writing to you to interest you in a fantastic new opportunity for you and your loved ones.  We are offering you the once in a lifetime opportunity to refinance all of your many homes and/or jets for the wealth–oops, did I say wealth–equity that you are holding in them.

Did you know that the property you bought for millions is actually worth gazillions of dollars under this plan?  Yes!  Gazillions!  With our excellent and trustworthy panel of advisors we can help you truly capitalize on your investments and really make the most of what life has to offer.

What we do is:  take the money you “earned” during those fantastic boom years, and invest it in schools, hospitals, housing and jobs for the poor, educate feed and clothe people before their brief yet worthy lives extinguish.

There really is nothing to lose from your side:  just take the money backed by the assets of the houses, jets, boats and jewelry, sign your name, and we can provide you with short-term aspirations!  It really is that simple.  And don’t take our word for it, talk to many of our other customers in the 1% base range.  Plenty of satisfaction all round!

With Such Sincerely Tepid Regards,

OWS Refinancing

 

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.

download (5)

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.

A Letter to Goldman Sachs’s Lloyd Blankfein


A Letter to Goldman Sachs‘s Lloyd Blankfein

An Open Letter to Goldman Sachs CEO Lloyd Blankfein

To:  Lloyd C. Blankfein, Goldman Sachs

Mr. Blankfein,

So, I’ve been writing these letters to bank CEOs where I gently rib them about stuff like “being abysmally terrible at their jobs” and “openly stealing from the general populace” and “having the morality of a supervillain” and stuff like that.  You know.  The usual.  And so I was writing one to you about what a terrible businessman you are, and how you had to get your old boss to give you $64 billion because of how badly you suck at being a CEO.  Ha, ha.  It was going to be funny.

So I was doing research to find more things to make fun of you about.  But I kept reading more and more about what a hive of scum and villainy your company actually is, and the more I read the less I felt like being funny.  Because, you know, whatever.  Any jackass can illegally accept naked short sales or underwrite bonds and encourage people to short those bonds or help Greece hide the true nature of its debt in order to make some extra cash, causing long-term damage to not just Greece but the whole Eurozone and therefore the world economy–which is at risk of going under (again!) partially because of your nefarious deeds (again!  I guess you can fool people twice!).  Hell, I could do that.

But really it was in finding out that your company’s creation of the Goldman Sachs Commodity Index helped literally starve millions of people that I stopped feeling jokey and started actually feeling pity for you.*  That’s the worst thing to feel for somebody, Lloyd, because it means I consider you less than me.  You know what?  I do!

I’m asking this honestly:  How do you sleep at night?  I know that sounds all melodramatic, but when I’ve, you know, inadvertently hurt somebody‘s feelings, I have trouble getting any rest at all.  I can’t imagine ever getting a bit of shut-eye again if I found out I helped artificially drive up the price of wheat in the greatest year of plenty the world had ever known, pushing 250,000,000 more people to the breaking point and causing food riots in thirty countries.

You must either have a really comfortable bed or a metric boatload of Ambien.  Or no conscience whatsoever, and such broken morality that you don’t realize what damage your little money games are causing the planet

.

No, I’m just playing, I’m sure you’re a great guy.  Ha, ha.

Dave

New York, NY 10039

*  See Frederick Kaufman, “The Food Bubble:  How Wall Street Starved Millions and Got Away with It, Harper’s, July 2010.

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

MovieBabble

The Casual Way to Discuss Movies

OLD HOLLYWOOD IN COLOR

...because it was never black & white

LEANNE COLE

Art and Practice

CURNBLOG

Movies, thoughts, thoughts about movies.

FilmBunker

Saving you from one cinematic disaster at a time.

From 1 Blogger 2 Another

Sharing Great Blog Posts

Wonders in the Dark

Cinema, music, opera, books, television, theater

Just Reviews

Just another WordPress.com site

Mark David Welsh

Watching the strangest movies - so you don't have to...

conradbrunstrom

Things I never thunk before.

News from the San Diego Becks

The life and times of Erik, Veronica and Thomas

The Silent Film Quarterly

The Only Magazine Dedicated To Silent Cinema

Leaden Circles

First a warning, musical; then the hour, irrevocable. The leaden circles dissolved in the air.

My Archives

because the internet is not forever

CineSocialUK

Up to the minute, fair, balanced, informed film reviews.

PUZZLED PAGAN PRESENTS

A Shrine to Pop Culture Obsessiveness. With Lots of Spoilers

Thrilling Days of Yesteryear

“Nostalgia isn’t what it used to be” – Peter DeVries

thedullwoodexperiment

Viewing movies in a different light

Twenty Four Frames

Notes on Film by John Greco

Suzanne's Mom's Blog

Arts, Nature, Family, Good Works, Luna & Stella Birthstone Jewelry

It Doesn't Have To Be Right...

... it just has to sound plausible

NJ Corporate Portrait Photographer Blog

The life of a corporate portrait photographer who likes to shoot just about anything.

arwenaragornstar

A French girl's musings...

Jordan and Eddie (The Movie Guys)

Australian movie blog - like Margaret and David, just a little younger

Octopus Films

A place for new perspectives on films, TV, media and entertainment.

scifist 2.0

A sci-fi movie history in reviews

The Reviewer's Corner

The Sometimes Serious Corner of the Internet for Anime, Manga, and Comic Reviews

Ready Steady Cut

Your favorite pop-culture site's favorite pop-culture site

First Impressions

Notes on Films and Culture

1,001 Movies Reviewed Before You Die

Where I Review One of the 1,001 Movies You Should Watch Before you Die Every Day

Movies Galore of Milwaukee

Movie Galore takes a look at Silent films on up to current in development projects and gives their own opinion on what really does happen in film!

The Catwing Has Landed

A Writer's Blog About Life and Random Things

mibih.wordpress.com/

Anime - Movies - Wrestling

Gabriel Diego Valdez

Movies and how they change you.

The Horror Incorporated Project

Lurking among the corpses are the body snatchers....plotting their next venture into the graveyard....the blood in your veins will run cold, your spine tingle, as you look into the terror of death in tonight's feature....come along with me into the chamber of horrors, for an excursion through.... Horror Incorporated!

Relatos desde mi ventana

Sentimientos, emociones y reflexiones

Teri again

Finding Me; A site about my life before and after a divorce

unveiled rhythms

Life In Verses

Gareth Roberts

Unorthodox Marketing & Strategy

leeg schrift

Taalarmen

100 Films in a Year

12 months. 100 films. Hopefully.

%d bloggers like this: