Here's the mind snapping item:
Goldman Sachs CEO tells employees to avoid making big-ticket, high-profile purchases - NY Post (164.10)
NY Post reports co CEO has warned his employees to avoid making big-ticket, high-profile purchases as the gold-plated Wall Street co hunkers down amid a firestorm of public and political anger over outsize bonus payments. According to sources at the bank, Blankfein says purchases should be toned down in light of the billions in bailout money that banks, including Goldman, have gotten from Uncle Sam. A source within the bank said Blankfein first began calling for an end to the conspicuous consumption late last year, but has stepped up his campaign in recent weeks as the White House has sought to rein in compensation and as the co has gotten dinged by a pair of high-profile magazine articles. "This is a sensitive time for us, and [Blankfein] wants to make sure that we're not being seen living high on the hog," said one Goldman exec.
What's interesting about it, you ask? The following is dialogue from the movie Goodfellas starring Robert Dinero... notice any similarities? Dinero and his gang had pulled a huge heist just a few weeks before Christmas. The scene is at a bar and one of Dinero's boys walks in with his girlfriend sporting a new fur coat and a new Cadillac outside:
(bad guy) Come here. I want to show you something, Jimmy. Isn't she gorgeous? I bought it for my wife. It's a coupe. I love that car. (Dinero) What did I tell you? I talked to you, didn't I? Didn't I say not to go buy anything for a while? The f**king car. (bad guy)It's a wedding gift from my mother. It's under her name. I just got married.- I love that car.
(Dinero) - Excuse me for a second.
(bad guy)- I just got married
(Dinero)- Are you nuts? (bad guy)- Why are you getting excited?
(Dinero)Are you stupid? We got a million bulls out there. Everyone's watching us.
(bad guy)It's under my mother's name. It's a wedding gift.
(Dinero)I don't give a f**ck. Didn't you hear what I said? Don't buy anything. Don't get anything. What's the matter with you? (bad guy)What are you getting excited for?(Dinero) Because you're going to get us all pinched. - What's the matter with you?(bad guy)- I apologize. I'm sorry.(Dinero)- What's the matter with you?!
(bad guy)I'm sorry. It's under my mother's name.
(Dinero)What'd you say? You being a wiseguy?!
(bad guy)- I'm sorry. I apologize.(Dinero)- What did I tell you? What did I tell you?! You don't buy anything. You don't buy anything. (bad guy)I'm sorry, Jimmy. (Dinero)The fat f**k ought to wear a sign.I can't believe this. Are you stupid? (Dinero)Take it off. Take it off. (referring to the mink coat) Didn't I tell you not to get anything big or attract attention? One guy gets a Caddy andone gets a $10,000 mink. (bad guy)I'll return it.
(Dinero)Bring it where you got it. Get it outof here. Understand? Get it out of here!
Now if you just replace Dinero's name with Blankfein and we have the same scene in real life. Funny how life imitates art, isn't it?
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