Market Overview

Goldman Sachs Lloyd Blankfein on CNBC: Client Response to Greg Smith Op-Ed Positive

Currently, Blankfein is speaking in an interview on CNBC. Blankfein said the response to Greg Smith's Op-Ed from clients has been positive. He stated that the bank has the best client franchise in the business. Blankfein cited a statistic that 90% of people who get job offers from Goldman accept them. He stated that Greg Smith's charges were not specific, they just attacked Goldman's general culture. Blankfein said that the other 30k employees feel differently.

Blankfein said that the company is obsessive about looking at employee's views of eachother. He stated that they take the charges very seriously. Blankfein stated that the firm had no communication with the New York Times prior to their publishing of Greg Smith's Op-Ed.

Posted-In: Lloyd Blankfein New York TimesCNBC News Legal Management Media

 

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