Lloyd Blankfein Goes to Moscow, Complains About Traffic

He did, however, pick up this delightful chapeau.Photo: Mary-Louise Price for New York Magazine; Photos: Andrew Harrer/Bloomberg via Getty Images (Blankfein), Jemal Countess/Getty Images (Ushanka)

Goldman Sachs CEO Lloyd Blankfein went to Russia this week to meet with President Dmitry Medvedev and Deputy Finance Minister Dmitry Pankin about turning Moscow into a bigger financial center, but apparently had second thoughts about the city's viability after getting stuck in traffic on the way to the meeting. "He said it was bottleneck from the airport to the city center," said Pankin. Forget that, then. Minsk, anyone? Lloyd is prepared!

Blankfein Sees Moscow Traffic Stymieing Finance Hub Plans [Bloomberg]