Goldman Promotes 266 To Managing Director

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14 Photos Of Goldmanites Picking Up Trash

November 19, 2012, 5:12 am

≫ Next: What Lloyd Blankfein Looks Like At His Desk

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Goldman Sachers

Last weekend, Goldman Sachs CEO Lloyd Blankfein spent the day volunteering The Rockaways with Sandy clean-up efforts.

"He got after it. He got filthy dirty. He got down to his undershirt, it was soaked through with sweat. He was refusing to take breaks. He was refusing to take water and everything. He was throwing around the heavy stuff. He definitely didn't shy away," Jake Wood, the co-founder of Team Rubicon, told Business Insider.

After Blankfein volunteered, the bank Tweeted out a picture of him looking like an Average Joe in his jeans, work boots and a t-shirt. The photo definitely got people's attention because it showed a different side of Wall Street -- one that isn't just about making money.

After Sandy hit, the Goldman pledged $10 million in relief funds consisting of a $5 million donation to clean up and recovery efforts and $5 million in loans to small businesses impacted the storm.

In addition to the monetary support, the bank's employees have also participated in relief projects in New Jersey, Staten Island and The Rockaways packaging boxes of food and supplies and gutting out flood-damaged houses.

Blankfein Yesterday, we decided to check out their relief efforts in The Rockaways.

There, the bank has teamed up in a coordinated effort with Team Rubicon, a non-profit made up of military veterans and medical professionals to assist with disaster relief. Team Rubicon has been managing the spontaneous volunteer response in The Rockaways and leading corporate groups such as Goldman.

Since Friday, November 9th, we're told that at least 300 Goldman employees have come through this area every day to help residents clean up their homes by removing furniture, carpeting, drywall, cupboards, etc. in flooded basements and garages before the rebuilding can begin. What's more is Goldman's senior management and their families have been coming out to help, too.

"They're not afraid to get dirty. That's for sure," Wood, a Marine veteran who served in Afghanistan, told us.

"In fact, some groups come in here that are a little more timid about getting the dirty, nitty-gritty of mucking out wet basements and stuff like that, but the Goldman group had no complaints. Everybody's kind of loved it so far."

Wood added that the Goldman team is also good because they show up on time, they stay the whole time and work hard.

Mike Hill and his daughter While we were checking out their work in The Rockaways, we met resident Mike Hill and his fourteen year-old daughter, Caitlyn.

The father and daughter ended up riding out the storm in their truck on an embankment while trying to cross the bridge to leave the area.

Following the storm, Hill, his daughter, and his fiance and her family helped bring several residents in the area some much needed clothing (jackets, socks, underwear, sweatshirts, etc.).

He was surprised when he showed up with his daughter to clean up their home yesterday to see the Goldman team ready to help him and other neighbors.

"Unbelievable. It's just like good karma brings good fortune. We helped some other people with clothing. I came here today with one shovel and 32 bags and all the sudden we were descended upon by 15 volunteers. They're gutting my house in a morning and an afternoon with what would take me probably weeks to do by myself. They're speeding the recovery of me and my family."

We're included photos of Goldmanites getting dirty picking up trash and debris:

Goldmanites

Tearing down damaged sheet rock.

Goldmanites

Tearing out appliances that have been destroyed by flood waters.

Goldmanites

Removing trash from one of the homes.

Goldmanites

Shoveling up sheet rock.

goldmanites

Helping this resident remove his flooded washer/dryer.

goldmanites

Here's the neighborhood where Goldman Sachs employees are helping gut out the houses so residents can begin to rebuild.

Rockaways

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What Lloyd Blankfein Looks Like At His Desk

November 20, 2012, 6:05 am

≫ Next: BLANKFEIN: Obama's Plan Is Very Credible And An Agreement Is Reachable

≪ Previous: 14 Photos Of Goldmanites Picking Up Trash

Goldman Sachs CEO Lloyd Blankfein sat down with CBS Evening News' Scott Pelley to talk about avoiding the so-called "fiscal cliff."

He's been calling for leaders in Washington to work together toward resolving the fiscal cliff issue for quite some time now.

One thing that caught our attention during the segment was that CBS shot some b-roll (extra footage) of Blankfein using the phone at his desk. He didn't appear to actually be talking to anyone on the other line.

Anyway, we've always been curious about what Blankfein's corner office at 200 West Street looks like and now we have a sneak peak at the contents on his desk (several family photos, a Blackberry being charged and a small TV playing CNBC).

Blankfein's desk

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BLANKFEIN: Obama's Plan Is Very Credible And An Agreement Is Reachable

November 28, 2012, 3:59 pm

≫ Next: Goldman Sachs CEO Bought This Massive Bridgehampton Estate For $32.5 Million

≪ Previous: What Lloyd Blankfein Looks Like At His Desk

Goldman Sachs CEO Lloyd Blankfein described President Barack Obama's plan to reach an agreement about the "fiscal cliff" as detailed and "very credible."

Blankfein said, of course, it's hard to tell if a deal will be reached but "if I were involved in a negotiation like this, and everybody was purporting to be where they are, I would say that an agreement was reachable."

Earlier on Wednesday, Blankfein said both added revenues and spending cuts should be part of a final deal to avert thefiscal cliff when large spending cuts and tax increases will take effect on Jan.1. (Read more:Everything Must Be Touched: Blankfein)

Blankfein was one of a group of corporate heads invited to the White House to discuss the looming fiscal cliff, which has resulted in a political tug of war between Republicans, Democrats and the White House.

Yahoo's Marissa Mayer, Mutar Kent of Coca-Cola, Douglas Oberhelman of Caterpillar and Brian Roberts of Comcast, owner of NBCUniversal also traveled to Washington, D.C., to meet with Obama.

Earlier in the day, Obama advocated for a "fair and balanced" approach to the crisis saying he hoped to reach a deal by Christmas and urged Congress to move now to prevent middle-class tax increases before the new year. Republican House Speaker John Boehner said he was willing to put revenues on the table only if they are accompanied by spending cuts. (Read More: Obama: Let's Get Fiscal Cliff Deal Before Christmas.)

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Goldman Sachs CEO Bought This Massive Bridgehampton Estate For $32.5 Million

December 7, 2012, 5:06 am

≫ Next: BLANKFEIN: Any Fiscal Cliff Deal Is Going To Hurt The Economy

≪ Previous: BLANKFEIN: Obama's Plan Is Very Credible And An Agreement Is Reachable

Blankfein New Hamptons House

Ladies and Gentlemen, we are not this lucky every day.

The NY Post reports that Lloyd Blankfein just bought a sprawling new 7.5 acre Bridgehampton estate for $35.5 million. He hasn't sold his old Hamptons house but, we're fairly certain he's not worried about that.

The new 8,000 square foot house boasts 6.5 bathrooms, a pool and tennis court, plus plenty of space (formal living and dining room) to entertain.

We'll be waiting for invitation to the house warming.

The area of the estate is outlined in white.

Here's the main house.

Bright rooms inside

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BLANKFEIN: Any Fiscal Cliff Deal Is Going To Hurt The Economy

December 12, 2012, 8:00 am

≫ Next: That IS Lloyd Blankfein Laughing Like Crazy

≪ Previous: Goldman Sachs CEO Bought This Massive Bridgehampton Estate For $32.5 Million

Lloyd Blankfein

Just now at the DealBook conference, Goldman CEO Lloyd Blankfein spoke to Andrew Ross Sorkin.

Below are our notes.

-- Blankfein: White House marketing their position. If this were any place other than Washington, there would be a 100% chance of a deal.

-- The fact that there's so little compromise is predictable given extremes on both parties.

-- "Any side that puts out its compromise position now will get shot at.. by its own side."

-- Blankfein: "Any compromise will involve some dose of austerity... AKA deflationary policy." In the near term, we're not going to get escape velocity because of fiscal headwinds.

-- Economy is like 1944 in WWII. Not quite won, but it's clear who will win.

-- Blankfein: In some industries, they have their wives go out and start their car in the morning. I had my wife read the paper.

-- "Of course" we're going to stay in France.

-- Sorkin asking Blankfein about money and inequality.

-- Blankfein: "We have two responsibilities... we have responsibility to enlarge the pie. And distribute it in a fair way... doesn't mean equal"

-- I like the fact that we've had as much growth in our country as we've had. I rue the fact that the discrepancy has widened, not contracted.

-- Unless there's some redistribution that occurs, we won't have a stable society.

-- Blankfein no interest in stopping. Enjoying it.

-- Does the next CEO of Goldman Sachs work at Goldman Sachs? Close to 100% chance .

Interview over.

---------

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That IS Lloyd Blankfein Laughing Like Crazy

December 13, 2012, 10:12 am

≫ Next: Forget The 'Vampire Squid' — Goldman Sachs Made An Incredible Comeback In 2012

≪ Previous: BLANKFEIN: Any Fiscal Cliff Deal Is Going To Hurt The Economy

Earlier we asked if that was really Goldman Sachs CEO Lloyd Blankfein laughing like crazy at Adam Sandler's rendition of "Hallelujah" during last night's 12/12/12 benefit concert.

Here's the GIF it was made into [via Marketplace's David Gura]. (Hint: Look behind the guy with the blue shirt.)

blankfein gif

UPDATE: We found a full video of Sandler's performance of "Sandy, Screw Ya" and the clearer image shows that it's definitely Blankfein.

Blankfein can be seen around the 3:28 minute mark. However, if you start at the 3:25 minute mark, you can also see JPMorgan CEO Jamie Dimon's wife Judith. Jamie Dimon didn't make it into the shot completely.

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Click to see Goldman's best moments >

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Forget The 'Vampire Squid' — Goldman Sachs Made An Incredible Comeback In 2012

December 28, 2012, 9:47 am

≫ Next: Meet The Wives Of Wall Street

≪ Previous: That IS Lloyd Blankfein Laughing Like Crazy

Goldman Alley

Almost everyone loves to hate on Goldman Sachs, a.k.a the "Vampire Squid".

Goldman's image and that of its CEO, Lloyd Blankfein, have been bruised by the criticism they have received over the bank's role in the financial crisis as well as the hefty compensation packages.

It's been a rough last three years.

However, we've noticed that Goldman and Blankfein have made quite a comeback in the last year in terms of boosting their public image.

While other big banks that have seen the whale trade, the LIBOR and money laundering scandals, Goldman has avoided all of that making them look much better by comparison.

At one point back in May, following the London Whale trading loss, JPMorgan's brand perception dipped making it the most negatively viewed bank on Wall Street -- a spot normally held by Goldman, according to YouGov BrandIndex.

Of course, we'll get a more accurate read in January on how Goldman's brand perception did in 2012 when YouGov releases that data.

It appears to us, though, that Goldman has had several bright spots in 2012.

Of course, that's not to say the bank isn't dealing with legal issues. It still is. And the bank has only delivered an 8.8% return on common shareholder equity in the first three quarters of 2012 compared to 19.2% in the same period in 2009, according to Bloomberg News.

All that aside, the bank is still making steps in the right direction.

It's been an awful year for the financial industry in terms of scandals.

We've had the London Whale, the LIBOR scandal, insider trading and money laundering.

Goldman has avoided all this and looks much better by comparison.

A lot of other big banks on the Street had to pay big fines and settlements this year. Not Goldman.

Reuters' Ben Walsh, formerly a writer for Clusterstock, put together a massive rundown of investigations, lawsuits and fines the big banks faced this year.

Scanning this list, it's clear that Goldman wasn't really singled out for being the worst on the Street.

Goldman is facing an ongoing FHFA fraud case and a class action lawsuit over MBS going forward, the list shows.

We also have to point out that Goldman was also ordered to pay $1.5 million civil penalty by the CFTC earlier this month for failing to supervise a trader who hid a $8.3 billion position in 2007.

In 2012, Goldman hired a new PR chief with a major Washington, D.C. pedigree.

On March 13, Goldman said it had hired Jake Siewert, a former Tim Geithner aide and Clinton administration press secretary, as its new PR chief.

He's been tasked with turning around Goldman's image.

Source: DealBook

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Meet The Wives Of Wall Street

December 29, 2012, 9:00 am

≫ Next: Lloyd Blankfein Took Home $13.3 Million In Stock Last Year

≪ Previous: Forget The 'Vampire Squid' — Goldman Sachs Made An Incredible Comeback In 2012

Eva Dubin

We already know about Paul Tudor Jones, Jamie Dimon and Steve Schwarzman because we read about them all time.

But we really don't know much about their wives at all, and that feels a little odd.

We've found that many of the hedge fund honchos, private equity titans and bank CEOs are married to some truly remarkable women.

During our research, we found a fashion designer, an economist, several entrepreneurs and philanthropists.

Let's meet Wall Street's wives.

James Gorman's wife

Name: Penny Gorman (Pendleton Dedman)

About: She graduated from Smith College and worked in investment banking, according to a wedding announcement in the New York Times.

Jamie Dimon's wife

Name: Judith Dimon (Judith Ellen Kent)

About: Jamie Dimon and Judith met while they were at Harvard Business School. They were married in 1983, according to a New York Times' wedding announcement.

She's earned her bachelor's degree from Tulane University and her master's degree in organization psychology from Catholic University.

The Dimons have three daughters -- Julia, Laura and Kara Leigh.

Lloyd Blankfein's wife

Name: Laura Blankfein (Laura Susan Jacobs)

About: She graduated from the Fieldston School and magna cum laude from Barnard College, and received her law degree from Georgetown University, according to an engagement announcement in the New York Times.

She's a former corporate lawyer and worked at Phillips, Nizer, Benjamin, Krim & Ballon in New York.

The Blankfeins have three children -- Alex, Jonathan and Rachel.

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Lloyd Blankfein Took Home $13.3 Million In Stock Last Year

January 18, 2013, 10:48 am

≫ Next: Lloyd Blankfein Is Rocking A Beard Right Now

≪ Previous: Meet The Wives Of Wall Street

lloyd Blankfein

Goldman Sachs CEO Lloyd Blankfein was awarded $13.3 million for his stock bonus for 2012, Bloomberg News Christine Harper reports citing a regulatory filing.

That's up 90% compared to 2011, the report said.

It's unclear what Blankfein's cash bonus is for 2012, but he normally gets 70% of his bonus in stock, according to the report.

He's also paid a $2 million cash salary.

The investment banking giant crushed its fourth quarter earnings results that were released this week.

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Lloyd Blankfein Is Rocking A Beard Right Now

January 25, 2013, 5:32 am

≫ Next: This Is One Of The Most Unusual Photos Of Goldman Sachs CEO Lloyd Blankfein That You Will Ever See

≪ Previous: Lloyd Blankfein Took Home $13.3 Million In Stock Last Year

Goldman Sachs CEO Lloyd Blankfein was rocking some facial hair this morning on CNBC from the World Economic Forum in Davos, Switzerland.

It turns out Blankfein had a beard before he was the CEO of Goldman Sachs. He told CNBC that he grows them when he's on vacation and this is a way to prolong his vacation.

Check it out:

blankfein beard

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This Is One Of The Most Unusual Photos Of Goldman Sachs CEO Lloyd Blankfein That You Will Ever See

January 26, 2013, 10:05 am

≫ Next: The 22 Biggest Power Couples On Wall Street

≪ Previous: Lloyd Blankfein Is Rocking A Beard Right Now

Billionaire entrepreneur Sean Parker threw a party for the ages in Davos last night.

I've described the details and some of the guests here (link repeated below).

As I mentioned, one of the guests was Goldman CEO Lloyd Blankfein.

Lloyd was in fine form. Like many other notables at the party, he was also in a different environment than the one in which most folks are used to seeing him. (For one thing, he was surrounded by animal heads with laser beams for eyes). And he was--and, presumably still is--rocking a new beard.

So this picture (apologies for the quality) might be fairly entitled Lloyd Blankfein As You've Never Seen Him Before:

Sean Parker Davos Party lloyd blankfein

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The 22 Biggest Power Couples On Wall Street

February 14, 2013, 8:27 am

≫ Next: Last Night, Lloyd Blankfein Proved To Everyone That His Beard Is Really Soft

≪ Previous: This Is One Of The Most Unusual Photos Of Goldman Sachs CEO Lloyd Blankfein That You Will Ever See

Paul Tudor Jones, Sonia Jones

To commemorate Valentine's Day, Business Insider put together our annual list of Wall Street's hottest power couples.

This list has it all: Hedge funders who are married to gorgeous former models, bankers who are married to lawyers or television anchors, and a private equity tycoon married to a big time economist.

There are even have a couple bankers who are dating some celebs.

We wish them all a Happy Valentine's Day. Now let's meet them.

Leandra Medine and Abie Cohen

Status: Married

Her: She's a fashion blogger who is best known for The Man Repeller.

Him: He works at UBS Wealth Management as an Associate Director in Structured Products Development, according to his LinkedIn.

Fun Fact: They first met at a Halloween party when she was going to Yeshiva Day School and he was a student at NYU, according to Town & Country.

Meredith Whitney and John Charles Layfield

Status: Married

Her: She's a noted bank analyst who runs the Meredith Whitney Advisory Group. She's most famous for her Citi call.

Him: He's a retired WWE professional wrestler who used the stage name was John Bradshaw Layfield. He's also a financial analyst for Fox News.

Fun fact: The met on the set of Fox News' ''Bulls & Bears" back in 2003.

Source: New York Times

George Soros and Tamiko Bolton

Status: Engaged

Her: Tamiko Bolton is the daughter of a nurse and a retired naval officer, according to DealBook. She graduated from the University of Utah and holds an MBA from the University of Miami. She's an entrepreneur who started an Internet vitamin/dietary supplement sales company and now she runs a web-based yoga education business.

Him: He's a legendary billionaire hedge fund manager.

Fun fact: The engagement ring he gave her in August was a brilliant-cut diamond from Graff, set in platinum on a rose gold band with pink pave diamonds, according to DealBook.

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Last Night, Lloyd Blankfein Proved To Everyone That His Beard Is Really Soft

March 6, 2013, 11:49 am

≫ Next: Goldman Sachs Is Changing Its Managing Director Selection Process

≪ Previous: The 22 Biggest Power Couples On Wall Street

Lloyd Blankfein beard

Let's talk about Lloyd Blankfein's hair for a minute.

The topic came up in Bloomberg's parties reporter Amanda Gordon's latest piece and we were quite amused, to say the least.

First, his beard is apparently really, really soft.

He's been sporting facial hair ever since the World Economic Forum in Davos, Switzerland.

Anyway, his beard is so soft, that you can rub your cheeks against it.

Lloyd C. Blankfein nuzzled his beard against the cheeks of two ladies last night, Dina Powell, Goldman Sachs Group Inc. (GS)’s head of corporate engagement, and Liz Robbins, a Democratic lobbyist.

“I was proving to women everywhere that it’s really soft, not coarse,” said Blankfein, 58, chief executive officer of Goldman Sachs, the fifth-biggest U.S. bank by assets.

Second, Blankfein, who doesn't have much hair on his head these days, used to have a head of curly hair. He also insists he wasn't fat despite what you may have been told.

“In college, he was fat with big curly hair, and he was very funny,” Cashin said.

“I was not fat. I did have curly hair,” Blankfein said.

We would like to invite him to share those photos with us.

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Goldman Sachs Is Changing Its Managing Director Selection Process

March 7, 2013, 7:30 am

≫ Next: SEC Says Goldman Cannot Ignore Shareholder Proposal That Lloyd Blankfein Not Be All Things To The Bank

≪ Previous: Last Night, Lloyd Blankfein Proved To Everyone That His Beard Is Really Soft

Lloyd Blankfein Gary Cohn

Goldman Sachs is changing its managing director selection process, according to an internal memo sent out by Lloyd Blankfein and Gary Cohn and seen by Business Insider.

According to the contents of the memo, which have been confirmed by Goldman, the bank will start selecting its managing director class every two years.

The bank usually selects new MDs every year.

According to the memo, ever since Goldman starting tapping managing director classes every year beginning in 1996 it was intending to move to a biennial selection when they reached "critical mass of managing directors at the firm."

"A biennial process will allow us to invest more in the managing director selection process so that it will continue to be a disciplined and rigorous exercise. This will help to ensure that the managing director title remains as aspirational as it should be for our top performers," the memo states.

The biennial selection process for managing directors will start after the 2013 class is announced.

In recent years, the Goldman MD classes have been smaller. Last year, the bank named 266 new MDs and in 2011 only 261 — the smallest class since 2008.

Becoming a managing director is seen as a big honor on the Street. At Goldman, it's the level just below the highly-coveted "partner" title. Partners are selected every two years. There were only 70 partners chosen last fall.

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SEC Says Goldman Cannot Ignore Shareholder Proposal That Lloyd Blankfein Not Be All Things To The Bank

March 9, 2013, 6:00 am

≫ Next: RANKED: The Best Golfers On Wall Street

≪ Previous: Goldman Sachs Is Changing Its Managing Director Selection Process

lloyd blankfein

NEW YORK (Reuters) - Goldman Sachs Group Inc lost its battle to ignore an investor proposal to strip Chief Executive Lloyd Blankfein of his chairman role, according to correspondence posted on the Securities and Exchange Commission's website on Friday.

SEC staff sent a letter to Goldman internal counsel Beverly O'Toole this week, saying the agency is "unable to concur" with Goldman's view that the shareholder proposal does not warrant a vote.

CTW Investment Group, which owns 25 Goldman shares, sent the proposal to the bank late last year for inclusion in its proxy statement. The investor argued that the chairman's role should be filled by an outsider who has never held an executive role at the company, "to promote the robust oversight and accountability of management."

CTW is a coalition of unions that has become more active in proxy battles in recent years.

Goldman responded by sending a letter to the SEC in January, requesting permission to omit the proposal from its proxy statement because the bank said it was "inherently vague and indefinite."

The SEC's decision this week denied Goldman's request.

(Reporting by Lauren Tara LaCapra; Editing by Jan Paschal)

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RANKED: The Best Golfers On Wall Street

March 19, 2013, 6:25 am

≫ Next: Goldman Sachs Has Become The Most Hipster Bank On Wall Street

≪ Previous: SEC Says Goldman Cannot Ignore Shareholder Proposal That Lloyd Blankfein Not Be All Things To The Bank

Trip Kuehne

Spring and then summer will be here before we know it and that means Wall Streeters will start heading out to the golf course after work and on the weekends.

So that got us thinking.

Which bankers and hedge fund managers are the best on the fairway?

We combed through the latest handicap data of some of the Street's biggest names compiled by GHIN, a website run by the U.S. Golf Association.

We've included a full rundown of Wall Street golfers in the slides that follow. We also threw in some of the more infamous names who are no longer on the Street.

Some of these golfers are very, very talented, while others could use a bit more practice. Take Goldman Sachs CEO Lloyd Blankfein for instance. He seems to find shooting low scores a difficult endeavor.

Keep in mind, the higher the handicap number, the worse the player is in comparison to others with lower handicaps.

Also, JPMorgan's CEO Jamie Dimon doesn't golf. His two predecessors at JPMorgan were members of the prestigious Augusta National Golf Club though.

If you know of anyone who should be on the list that we omitted, please email us at jlaroche@businessinsider.com.

Anthony Scaramucci (Handicap Index: 28.4)

Firm/Title: Skybridge Capital, founder

Where He's Played: Hudson National Golf Club and Plandome Country Club

Last Golf Outing: October 2003

He's a good sport about it though. When asked for comment, he said, "Really? Who knew? I thought the highest score is what mattered."

Lloyd Blankfein (Handicap Index: 23.8)

Firm/Title: Goldman Sachs, CEO

Where He's Played: Blind Brook Club, East Hampton Golf Club, Sebonack Golf Club and Manhattan Woods Golf Club

Last Golf Outing: July 2012

James Gorman (Handicap Index: 20.0)

Firm/Title: Morgan Stanley, CEO

Where He's Played: Millbrook Golf & Tennis Club, Blind Brook Club and Winged Foot Golf Club.

Last Golf Outing: August 2012

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Goldman Sachs Has Become The Most Hipster Bank On Wall Street

April 2, 2013, 12:40 pm

≫ Next: The 12 Golf Courses Where Wall Street Big Shots Love To Play

≪ Previous: RANKED: The Best Golfers On Wall Street

Lloyd Blankfein

Goldman Sachs is becoming the most hipster bank of Wall Street.

Why?

If you haven't noticed, the investment banking giant has been involved in several cool projects in Brooklyn.

The latest one Goldman has been involved with is the revitalization of the Brooklyn Navy Yard, which The Gothamist recently identified the next neighborhood hipsters will want to take over.

Anyway, according to a new video on the bank's website, Goldman's Urban Investment Group has been working with non-profit Brooklyn Navy Yard Development Corporation to revitalize the historic shipyard.

Specifically, the bank has helped provide capital and find sources of financing for the non-profit to historically renovate Building 128.

Building 128, which is located in the heart of the shipyard, will be a hub for "creative class" driven manufacturing. Sounds pretty cool.

That's not all Goldman has been involved with in Brooklyn either.

The bank also recently backed Brooklyn Flea's Crown Height's food and beer hall and the Loews King Theatre in Flatbush.

Then, there's the affordable housing project complete with a supermarket on the ground floor Goldman decided to build in Williamsburg instead of a luxury hotel it initially planned for the site.

The biggest hint, though, is that Goldman's CEO Lloyd Blankfein, who is looking hip these days with his new beard, actually has Brooklyn roots. He grew up in a project there called the Linden Houses.

Next thing you know they'll be rocking flannel at 200 West.

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Source: GolfLink.com, Source: GHIN.com, Source: Golf Slope

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The 12 Golf Courses Where Wall Street Big Shots Love To Play

April 8, 2013, 8:38 am

≫ Next: REVEALED: Here's What Lloyd Blankfein And His Top Lieutenants Got Paid Last Year

≪ Previous: Goldman Sachs Has Become The Most Hipster Bank On Wall Street

Golf Club of Purchase

With the Masters happening this week, we're pretty sure some of the TVs on Wall Street will be changing channels to catch the prestigious golf tournament.

Golf is one of the favorite hobbies of the Wall Street crowd.

We recently did a ranking of golf handicaps from some of the biggest names on Wall Street.

Now we have compiled a list of some of the courses where these heavy hitters have played.

Blind Brook

Wall Streeters Who Have Played There: Lloyd Blankfein, James Gorman, Stanley Druckenmiller, Jimmy Lee and Jimmy Dunne III.

Location: Purchase, New York

About: It's a private, members-only golf club that was established in 1915. The course features 18 holes, 6,385 yards and a par of 72.

Course Designer(s): Charles Blair Macdonald and Seth Raynor

Sebonack Golf Club

Wall Streeters Who Have Played There: Lloyd Blankfein, Feroz Dewan (Tiger Global), Daniel Och, Henry Kravis, Jimmy Dunne III (Sandler O'Neill) and Bob Prince (Bridgewater Associates).

Location: Southampton, New York

About: The gorgeous 300 acre course, which opened in 2006, is located right on the water in Southampton. It's close to neighboring golf courses, Shinnecock Hills and National Links. According to a 2006 Bloomberg News article, membership just to golf at Sebonack costs $500,000. The course features holes, 7,286 yards and a par of 72.

Course Designer(s): Jack Nicklaus and Tom Doak

Source: GolfLink.com, Source: GHIN

Shinnecock Hills Golf Course

Wall Streeters Who Have Played There: George Herbert Walker IV (Neuberger Berman), Henry Kravis (KKR), Stan Druckenmiller (Duquesne), Eric Gleacher, Jimmy Dunne III and Chase Coleman.

Location: Southampton, New York

About: The course features 18 holes, 6,996 yards and a par of 70. Shinnecock is scheduled to host the 2018 U.S. open.

Course Designer: William Flynn