Goldman Sachs Co-President has $1.2mm in wine stolen...

David_Bu3ker · January 18, 2018, 1:03am

Money. That is how they keep score.

Victor_Hong · January 18, 2018, 1:09am

That is an appropriate threshold, in order to care? Assault, murder, cancer, etc?

David_Bu3ker · January 18, 2018, 1:29am

Owning versus renting?

Markus_S · January 18, 2018, 2:41am

Or the size of their hands or trigger buttons in other realms.

Markus_S · January 18, 2018, 2:41am

??

Brent_C_l_a_y_t_o_n · January 18, 2018, 3:09am

You gotta get in the ‘Wayback Wasdin’ machine for that one.

Randy_Bowman · January 18, 2018, 3:23am

Defense strategy has been determined: All stolen bottles were obviously fake and purchased from associates of Rudy K. De-Meyer was attempting recoup some of Solomon’s losses by selling them to an unsuspecting wine dealer. (Hmm, wonder if it was the same wine dealer involved with the French Laundry theft.) Hence using the alias as to conceal Solomon’s identity in the fraud.

You attorneys already thought of that, didn’t you?

Arv_R · January 18, 2018, 5:05am

My personal assistant had thieving problems too.

She would flap her ears, fly up, and steal croissants off the countertop.

James_Billy · January 18, 2018, 7:38am

Nothing do with wine. Just another ‘investment grade’ asset to make a rich man richer.

Peter_Hirsch · January 18, 2018, 11:39am

So many opinions about a guy, without actually knowing the guy.

BTW, I do not know the guy but I do feel bad for him.

I know other people who put their trust in someone, someone they considered a friend. Some in a similar capacity as this, others in a business partner capacity, others in an investment capacity. And they lost money as the person they each trusted turned out to be a thief. It’s a terrible thing, makes you really rethink your ability to really trust someone. Reagan “Trust But Verify” is really the only way to go.

Peter_Hirsch · January 18, 2018, 11:55am

[politics removed by admin]

John_Morris · January 18, 2018, 1:28pm

You obviously haven’t read anything about the guy. He’s seriously interested in food and wine.

Russ_Williams · January 18, 2018, 1:56pm

Nice summation Peter.

Sherr1_Shap1r0 · January 18, 2018, 2:09pm

Shaking my head. I just don’t understand the mindset of thinking all “rich bankers” are evil, and simply because of his job title, David Solomon deserves anything bad that happens.

I don’t know him, but I do know quite a few wealthy investment bankers (including some that buy great wine). Many that I know are wonderful people, good friends, parents and neighbors, and extremely generous and philanthropic. Not a fan of painting all these people with such a negative broad brush.

John_Morris · January 18, 2018, 2:16pm

+1

Same broad brush is applied to lawyers by many, though we don’t hear those so much around WB since about 30% of Berserkers are lawyers, according to a poll I did a year or two ago.

Neal.Mollen · January 18, 2018, 2:26pm

Peter Hirsch:

I also get David’s view (and others with a similar view). He’s angry and looking for someone to blame for the Great Recession. So where to point that finger??. Is he going to blame Clinton and Cuomo for pushing the Community Reinvestment Act? Nah, that’s somewhat nuanced. Or Barney Frank and Maxine Waters and others for eviscerating the Freddie and Fannie regulators in open hearings, circa 2004? Nah, not so much fun and again nuanced. Or how about the actual borrower, who decided that markets could only go up (This is America, you make your own decisions!!) and decided that some free money would be great!! Nah. No one wants to blame themselves!! That’s a Cognitive Bias!!! He wants the easy one. The Evil Bankers, who of course also shoulder some of the blame. Better story line than the other ones, easy villain to see. I get it.

Gee, something is missing from this list. I wonder what it could be . . . .

Brian_Tuite · January 18, 2018, 2:35pm

Neal.Mollen:

Peter Hirsch:

I also get David’s view (and others with a similar view). He’s angry and looking for someone to blame for the Great Recession. So where to point that finger??. Is he going to blame Clinton and Cuomo for pushing the Community Reinvestment Act? Nah, that’s somewhat nuanced. Or Barney Frank and Maxine Waters and others for eviscerating the Freddie and Fannie regulators in open hearings, circa 2004? Nah, not so much fun and again nuanced. Or how about the actual borrower, who decided that markets could only go up (This is America, you make your own decisions!!) and decided that some free money would be great!! Nah. No one wants to blame themselves!! That’s a Cognitive Bias!!! He wants the easy one. The Evil Bankers, who of course also shoulder some of the blame. Better story line than the other ones, easy villain to see. I get it.

Gee, something is missing from this list. I wonder what it could be . . . .

No, John already mentioned Lawyers.

Dan_Kravitz · January 18, 2018, 3:42pm

I always wondered who actually got hold of and drank Appellation Romanee-Conti. 1988 should be pretty good right now?

Dan Kravitz

Neal.Mollen · January 18, 2018, 3:46pm

Dennis_Borczon · January 18, 2018, 4:12pm

I guess i am glad to be so poor i can’t afford a personal assistant. If my wife ( my personal assistant) found out i spent $130,000 on 7 bottles of wine i would need a villa in Cyprus to hide out. What does it say about our hobby where such values for wine are merely shrugged at? Any crime is deplorable, but as my millennials might say, “This is beyond a first world problem, more like a 0.01% problem”