Saturday, June 9, 2012

LIFE'S A BEACH: Overworked Goldman Sachs Managing Director Can’t Remember Where His Summer Home Is





According to CNBC’s John Carney; “ Later that evening, at a tavern along a cobble-stoned street in the financial district, a managing director at Goldman voiced a similar complaint.

“The London Whale thing has everyone rattled. You don’t know if some crazy guy in London or Paris or Jakarta is going to cost you the whole year’s bonus. I’m working my [posterier] off just so that I don’t wind up on the cutting block,” he said.

In the winter of 2006, the Goldman guy bought a house on Long Island’s North Fork. His wife and two daughters live there full-time during the summer. He expected to be able to spend weekends and perhaps two full weeks there during the summer. He said he’s barely spent any time there at all.

“I’m not even sure I remember the address,” he said.

More?  Reach for a hankie and go to http://www.cnbc.com/id/47725606#

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