Showing posts with label people - Blankfein; Lloyd. Show all posts
Showing posts with label people - Blankfein; Lloyd. Show all posts

Dec 18, 2016

Lloyd Blankfein on how regulation creates a barrier to entry

There are some parts of our business where it's very hard for outside entrants to come in, disrupt our business, simply because we're so regulated.  In some cases, the burdensome regulation acts as a bit of a moat around our business.

~ Lloyd Blankfein, Goldman Sachs CEO, 2015 podcast

Apr 28, 2010

Lloyd Blankfein on financial regulation

Clearly the world needs more regulation.

~ Lloyd Blankfein, Goldman Sachs CEO, testifying before the Senate Permanent Subcommittee on Investigation, April 27, 2010

Jan 13, 2010

Lloyd Blankfein: "A strong Goldman Sachs is good for the country"

I’m charged with managing and preserving the franchise for the good of shareholders, and while I don’t want to sound highfalutin, it is also for the good of America. I’m up-front about that. I think a strong Goldman Sachs is good for the country.

~ Lloyd Blankfein, CEO, Goldman Sachs, "The Bank Job," Vanity Fair, January 2010, by Bethany McLean

Dec 3, 2009

Lloyd Blankfein on dog-piling short sellers

“I’m for markets,” says Blankfein, who today describes the situation [financial panic of 2008] as “tricky.” “But when it felt like it had gotten abusive, when it was free money to short-sellers who were piling on, it felt less like the market and more like it was being manipulated.” He adds, “I crossed over.”

~ Lloyd Blankfein, CEO, Goldman Sachs, "The Bank Job," Vanity Fair, January 2010, by Bethany McLean

Dec 21, 2007

Jim Cramer on Lloyd Blankfein

Lloyd Blankfein is money in the bank... He's the most underpaid CEO on Wall Street.

~ Jim Cramer, as appeared on CNBC, December 21, 2007