September 19, 2024

The World Opinion

Your Global Perspective

Lloyd Blankfein says he ‘can’t believe’ returning to Goldman Sachs

Former Goldman Sachs CEO Lloyd Blankfein stated he could not believe returning to his outdated company, disputing a information file that stated Blankfein presented to go back in some capability.

The New York Occasions piece “misquoted” Blankfein instructed CNBC Monday in a telephone dialog.

The Occasions reported Friday that Blankfein instructed his successor, David Solomon, in a June telephone name that he used to be rising impatient with the company’s development. He may just go back to assist their efforts, the Occasions reported.

“My dialog with him used to be, I presented to be useful,” stated Blankfein, who expressed improve for Solomon. “I by no means used the phrase ‘go back’.”

A New York Occasions consultant did not instantly go back a request for remark.

Solomon, who took over from Blankfein in October 2018, has been beneath fireplace for months for an ill-fated shopper banking effort. Present and previous Goldman executives have leaked destructive main points to the clicking about losses tied to the method, in addition to embarrassing anecdotes about Solomon’s management taste and DJ interest.

When requested if he would go back to helm Goldman, as CEOs at Disney and Starbucks have performed lately, Blankfein laughed and stated it by no means got here up in dialog.

“I will’t believe returning to the company,” Blankfein stated. “I feel my days operating 100-hour weeks are over.”

Blankfein then stated he could not talk additional as he used to be in the course of certainly one of his retirement interests — enjoying a spherical of golfing.