Lloyd Blankfein Regrets Goldman’s Participation in Leveraged Transactions

Goldman Sachs (GS) Chief Executive Lloyd Blankfeing regrets having participated in transactions that brought too much leverage into the world. In an interview with India’s Economic Times newspaper Mr. Blankfein said he regretted the fact that his firm participated in transactions that brought too much leverage into the world. “It led to people taking too much leverage. But those were the standards of the moment,” he told the newspaper, while on a four-day trip to India – Reuters

Create Content With AI

Risk Our Money Not Yours | Get 50% Off Any Account

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.