The Rockaways were devastated by Hurricane Sandy, and relief efforts are only beginning to scratch the surface of the damage. Many volunteer groups have been heading there, and this past weekend, a Team Rubicon group included Mr. Vampire Squid himself, Goldman Sachs CEO Lloyd Blankfein.
Goldman Sachs Tweeted this morning, "ROCKAWAYS PHOTO: Blankfein & Jake Wood of @TeamRubicon. 2 of 2,0000 volunteers working Saturday to help #Sandy victims." Business Insider points out that Goldman did donate $10 million for Sandy relief efforts and opened its doors to fellow Battery park businesses and residents to charge their phones in their building, which had back-up generators (of course).
Goldman Sachs, which also has a building in Jersey City, has also been involved in NJ relief efforts. This is all obviously way better PR than news that a former Goldman trader hid a $8.3 billion position.
