"This isn’t a year we would try and set records on compensation. I am mindful of external pressures over compensation. But it’s my duty to preserve this franchise" “The old partnership culture is still very much alive here” “We’ve not seen much opportunity for principal or merchant banking investments recently. We think there should be a much, much higher return for holding illiquid assets" “Absolutely, large firms should be allowed to fail”
How will regulation and risk affect investment? How is Blankfein addressing compensation pressures? Why does he support the end of bail outs? And how is Goldman getting back to what it does best?
Details revealed to Euromoney by Lloyd Blankfien. Subscribers can find out now:
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Blankfein interview: Goldman pays the price of successNovember 2009 Assailed on all sides for preparing to pay huge bonuses from a financial market kept alive by systemic government support, Lloyd Blankfein is having to fight Goldman’s corner almost as fiercely as when the crisis was at its worst. He tells Peter Lee that it is not business as usual. |
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Under attack, Goldman hits back
Goldman is wasting its breath if it wants to convince the world it is an altruistic organization.
Goldman stands by its governance
Amid all the vilification heaped on Goldman Sachs, so little criticism from regulators or investors seems to attach to Lloyd Blankfein’s double role.