Tweeting Goldman Sachs nemesis unmasked

2014-02-26 13:09
The twitter handle of John Lefevre. (Twitter)

The twitter handle of John Lefevre. (Twitter)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

New York - The mastermind behind an online persona that mocked Wall Street with an often razor tone and an insider's touch was finally exposed on Tuesday.

The New York Times unmasked former Citigroup banker John Lefevre as the architect of "GS Elevator Gossip", a widely read Twitter account that sprouted in 2011 in the aftermath of the financial crisis.

The Twitter feed, popular with Wall Street cognoscenti and with readers who enjoy seeing it mocked, purported to chronicle the blustery utterances of gold-plated bankers at Goldman Sachs.

"Some chick asked me what I would do with 10 million bucks", said one of the Tweets. "I told her I'd wonder where the rest of my money went."

"Getting laid off from Goldman is like being traded by the Yankees", read another message. "You'll probably still make millions, but it's just not the same."

The Twitter phenomenon reportedly spurred an investigation at Goldman to identify the feed's author. But one of the revelations of the Times piece is that Lefevre does not work at Goldman and never did.

Lefevre, aged 34, worked for seven years at Citigroup in New York, London and Hong Kong and then at a startup boutique firm in Asia. He now lives in Texas, the newspaper said.

Lefevre was offered a job in Hong Kong with Goldman in 2010, but it fell through because a former employer said he was bound by a non-competition agreement, Lefevre told the Times.

Lefevre in January landed a book deal, reportedly at six figures, to publish "Straight to Hell", a humorous behind-the-scenes look at Wall Street.

The Twitter account, @GSElevator which currently has 632 000 followers, takes tips from readers who are encouraged to help ensure that "things heard in the Goldman Sachs elevators do not stay in the Goldman Sachs elevators".

Read more on:    twitter  |  goldman sachs  |  citigroup  |  us
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
Traffic & Train Alerts
Traffic
Stellenbosch 07:33 AM
Road name: R304 Southbound

DELAYS between Bottelary Road and central Stellenbosch

George 07:33 AM
Road name: N2

OVERTURNED TRUCK at Kaaimans pass - expect delays

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Up to 60% off - clearance sale!

Save up to 60% on appliances, books, electronics, toys, movies and more. Offer valid while stocks last. Shop now!

Deal of the Week!

Get bestselling John Green novels now just R99 each! Hurry and get yours while stocks last. Shop here.

Mind blowing deals on beauty & fragrances

Save up to 30% off beauty and fragrances. Offer valid while stocks last. Shop now!

Up to 50% off hair care products!

Save up to 50% on professional hair care products at kalahari.com. Offer valid while stocks last. Shop now!

30% off academic books

Score a mind blowing 30% off academic books! Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Social media is pulling you in and you have the desire to find out everything you know about your friends and you have the urge to...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.