Lloyd Blankfein

An investigative report by NetNet’s John Carney leaves no stone unturned.: Read more »

  • 18 Sep 2013 at 3:20 PM
  • Banks

Lloyd Blankfein Tickled Pink Over Joining The Dow

Lloyd Blankfein may have a direct line to the guy up top, but even He didn’t tip the Goldman chief about the nicest surprise of his banking career. Read more »

It’s just not fair! Read more »

Attending Harvard, surrounded by classmates with trust funds and blue blood, who had no idea what it was like to grow up in the projects. His years with those same WASPs, many of whom had probably never met a Jew. The period in which there was a lot more Lloyd to love, which coincided with the ‘You can never be too rich or too thin’ era. All experiences that likely made Lloyd Blankfein acutely aware of the fact that he was different, and maybe made him feel like a little bit of an outsider.

None of them, however, can compare to the most ostracizing experience of his life: working as a young commodities trader in an investment bank. Some might say it was the equivalent of being gay in a world that is yet to fully accept homosexuality. Read more »

  • 12 Apr 2013 at 3:22 PM

Bonus Watch ’13: Goldman Sachs CEOs

Lloyd Blankfein gained a beard and a few mill. Read more »

Lloyd C. Blankfein nuzzled his beard against the cheeks of two ladies last night, Dina Powell, Goldman Sachs’s head of corporate engagement, and Liz Robbins, a Democratic lobbyist. “I was proving to women everywhere that it’s really soft, not coarse,” said Blankfein, 58, chief executive officer of Goldman Sachs, the fifth-biggest U.S. bank by assets. At the nightclub Hudson Terrace, Blankfein was attending the first big fundraiser for Team Rubicon, a Los Angeles-based nonprofit founded three years ago to deploy military veterans to respond to disasters.  [Bloomberg]

  • 01 Mar 2013 at 4:14 PM

If You Cut A Gary Cohn, Does He Not Bleed?

Recent public remarks by Blankfein that he will stay at his job “for awhile” stung both Cohn and [vice-chairman Michael] Evans, who would like him out sooner so they can have their chance at the top, these people add. Cohn recently told FOX Business he’s content in his current role, and Evans has kept a low profile in recent months as both Blankfein and Cohn have been reaching out to the press. The charm offensive is designed to reverse years of bad publicity concerning Goldman’s role in the 2008 financial crisis and charges that the firm had taken advantage of clients during this time. But Blankfein’s comments touched off even more jockeying between the two men to gain support among the firm’s powerful ranks of “partners”, or senior executives, to emerge as Blankfein’s eventual replacement, these people say. One person close to Goldman said Evans was particularly shaken by Blankfein’s statements, and as a result he might be considering his options outside the firm if Blankfein signals he will stay at the top indefinitely. [FBN, earlier]