Goldman Sachs chief executive Lloyd C . Blankfein says markets are poised for prolonged growth and will quickly move on after a jolt from the Federal Reserve's first interest-rate increase since 2006.
The largest individual owner of Goldman Sachs stock has a stake in the company worth almost $500 million, plus real estate and a portfolio seeded by cash bonuses and distributions from the bank's private-equity funds.
Investors overreacted to Federal Reserve Chairman Ben S. Bernanke's comments that the central bank could reduce monthly bond purchases, Goldman Sachs Group Inc. Chief Executive Officer Lloyd C . Blankfein said.
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Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein is among the executives scheduled to meet with U.S. House Republican leaders on the so- called "fiscal cliff," according to a House aide.
Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein is among the business leaders invited to the White House Wednesday as President Barack Obama seeks their support for his approach to addressing the fiscal cliff, according to two people familiar with the matter.
More than 150 chief executive officers, including JPMorgan Chase & Co.'s Jamie Dimon and Goldman Sachs Group Inc.'s Lloyd Blankfein , called on President Barack Obama and House Speaker John Boehner to compromise on a budget deal that would include new tax revenue and spending cuts.
The adage is only partially correct.