Nice to know they are gonna get a bunch of bailout loot and be allowed to skim the cream off the top as far as "asset management' goes, 'eh, taxpayers?
Also see: Government-Funded Golden Parachutes
Healthy Banks to Get Bailout Bill Loot
Goldman Sachs' Government Loot Grab
"Goldman Sachs chief tests island homebuyers" by Stephanie Ebbert, Globe Staff | October 16, 2008
Amid widespread economic uncertainty, turmoil in the markets, and government investment in the nation's largest financial companies, you can still find a waterfront estate on Nantucket for $55 million.
The offer comes from
The $55 million offer from Winkelried includes two parcels on the Monomoy shore, overlooking Nantucket harbor, with a mansion, a guest house, and two garages with guest quarters and offices overhead. Broker Linda Bellevue of Congdon & Coleman Real Estate Inc. is listing the property but declined to talk about it, citing a confidentiality agree ment.
The exclusive listing sheet obtained by the Globe boasts the main house has a craft room, wine room, and maid's room on the lower level and a billiard room on the first floor. The house has four bedrooms with private baths, in addition to the master bedroom suite. His dressing room has custom built-ins, and hers has suede-lined drawers
The amenities abound: The house has four fireplaces, a Viking stove, a sub-zero refrigerator, two Miele dishwashers, four ice makers, a warming drawer, a swimming pool and pool changing room, golf cart, and snow plow.
Think about that as you open that foreclosure or delinquency notice, Amurkns!!!!
Also think about:
Boston's New Ivory Tower
The Economic Untouchables
The Boston Globe Worships the Wealthy Elite
Only U.S. Elite Need Apply
The Comfortable Class Above It All
Winkelried took over as co-president of Goldman Sachs in 2006 when his predecessor ascended to become chairman, replacing outgoing chief Henry Paulson - now the Secretary of the US Treasury. Goldman Sachs executives, including Paulson, have set records for executive compensation. Winkelried owned $345 million worth of common stock when he took the job as co-president. His compensation last year was $67.5 million.
No wonder old Hank ain't gonna come down on executive comp!!!!!
Of course, he never wanted any of this to happen, and the guys in D.C. are working on the problem FOR YOU, Amurkn!!!
How much SHIT CAN YOU STOMACH, Amurka?!!!!
While Goldman Sachs has been rocked by the Wall Street downturn, it is one of the two investment banks that has survived. But as firms like Goldman Sachs gets an infusion of investment from the government aimed at restoring confidence in the economy, executives like Winkelried will see pushback on their bonuses.
Why? Paulson said he ain't gonna do nuthin!
"Some said the government's restrictions on companies that accept government funding may be ineffective, and that Treasury Secretary Henry Paulson will not aggressively enforce the rules"
The Treasury announced Tuesday its guidelines for limiting compensation to top executives at firms receiving government investment and banned golden parachutes and multimillion dollar severance packages for executives. --more--"
Ummm, in light of what I posted above, what is with the LYING, you PRO-BAILOUT, PRO-GIVEAWAY, piece-of-scitte Boston Globe?!! Why the LYING?!!!
Of course, the AlmeriKan MSM is only serving the interests of the American people by telling us the truth, the whole truth, and nothing but the truth -- and not the agenda-pushuing they are known for!!!!!
How you doin' on that breakfast bowl, 'murka?!
