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Because my trip through the Goldman Sachs parking garage was so popular last year, I decided to do it again – spending five minutes (literally one lap) driving through the garage at Cheung Kong Center, home of Goldman Sachs Asia.
Bear in mind that most senior bankers in Asia are chauffeur driven – because a driver only costs $1,500 a month in a third world country – so this isn’t even the most ostentatious reflection of reality.
Also understand, cars are a lot more expensive in Asia; that $38,000 Mercedes C-Class coupe your girlfriend’s dad bought her costs $80,000 in Hong Kong after all the taxes.
It might be time to change your major, lie on your résumé, or call that rich uncle. But here are just a few of the highlights:
A failure to park in between the lines is a common theme.
I guess Tim Leissner hasn’t shipped all of his stuff to LA yet? (If you don’t know who Tim Leissner is, well… the world needs ditch diggers too.)
Seeing Ferraris here is a bit like seeing a zebra on an African safari. It’s cool the first couple of times – until you realize that they’re everywhere.
With an old model Porsche 911 Turbo, this guy is definitely worried about bond market liquidity.
The guy keeps two cars at the office. I used to keep 2 HP calculators in my desk.
With a custom paint job like that, this guy probably wears a pocket square and gives out business cards to girls in bars.
A Lotus? This guy probably works across the street at Citigroup.
Maseratis are as common as Ferraris. Not so sure about the matte paint job though; the one I totaled was cherry red.
Someone paid US$ 2.3 million for the license plate “28” because the number is pronounced “yi-fat” in Cantonese which sounds like “become wealthy.” In the case of this old SL-Class, the license plate might be worth more than the car.
Not 1st at parking though.
Still here from last year, so it’s safe to assume this driver wasn’t a casualty of Goldman’s annual 10% cull.
“Is it possible to make too much money, to have too much ambition, to be too successful? As the guardian of the interests of the shareholders and, by the way, for the purposes of society, I’d like [my employees] to continue to do what they are doing. I don’t want to put a cap on their ambition. It’s hard for me to argue for a cap on their compensation.” – Lloyd Blankfein
Nothing special about this Maserati Quattroporte, but it is worth noting that the Mainland Chinese plate alone costs US$ 150,000.
The license plate DOUCHE must has already been taken. No offence to frat guys who still brag about their dad’s car.
This Land Rover Defender is so off road ready that it comes with an intake snorkel. The only thing that’s seen less use is its driver’s box of Magnums.
Banking really never recovered from the crisis, as evidenced by the mid-Aughties Lamborghini Gallardo and Porsche GT3. Or maybe they just work in FICC. (That’s probably an Ivy league joke only.)
Must be one of the “brown suits” (back office guys)..