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
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!