The Pandit-Blankfein Dialogues: Wait, Did I Call You or Did You Call Me?


Oh, one more amusing bit from that New Yorker story, regarding an awkward convo between Goldman Sachs president Llloyd Blankfein and Citigroup's Vikram Pandit in the confusing days after Lehman's collapse:

"Geithner suggested that Goldman's Blankfein call Pandit. Blankfein made the call, thinking that he was supposed to rescue Citi. He was dumbfounded when he discovered Pandit wasn't expecting to hear from him. For his part, Pandit was taken aback that Goldman thought it might be able to buy Citi, since at the time, Pandit felt that Citi was much stronger."

We so wish he had gotten them to re-create the conversation. "No, I'm calling to buy you." "You're calling to buy me? What you talking 'bout, Willis?" "Wait, who is this?"

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