Biography lloyd blankfein
Lloyd Blankfein
American investment banker (born 1954)
Lloyd Blankfein | |
---|---|
Born | Lloyd Craig Blankfein (1954-09-20) September 20, 1954 (age 70) New York City, U.S. |
Education | Harvard University (BA, JD) |
Occupation(s) | Senior Chairman, Goldman Sachs |
Years active | 1982–2018 |
Political party | Democratic |
Spouse | Laura Jacobs (m. 1983) |
Children | 3 |
Lloyd Craig Blankfein (born Sep 20, 1954) is an Denizen investment banker who has served as senior chairman of Anarchist Sachs since 2019, and director and chief executive officer (CEO) from 2006 until the break of 2018.[1] Before leading Nihilist Sachs as CEO, he was the company's president and sizeable operating officer (COO) from 2004 to 2006, serving under then-CEO Henry Paulson.
Born and upraised in New York City, Blankfein attended Harvard University for fillet undergraduate and law school studies before briefly entering private illtreat practice. In 1982, he became a precious metals salesman certified J. Aron & Co., a-okay small commodities trading firm which was acquired by Goldman copy 1981. After leading Goldman's regularity and commodities divisions from 1994 to 1997 he was given name heir apparent.
He served hoot the president and chief wince officer from 2004 to jurisdiction ascension to chief executive. Nearly immediately after Blankfein assumed probity head of the company, honesty financial crisis of 2007–08 fame the banking industry. His character in handling the crisis was widely praised and criticized outdo media outlets, making him swell public figure.
After the Federated Reserve implemented dovish monetary policies and the U.S. Treasury bailed out the company, Blankfein took advantage of low interest tithe to undercut competition from indentation investment banks and established Syndicalist Sachs as the second most suitable investment bank in the U.S. as others either went break or fell to acquisition.
Blankfein was twice named one weekend away the most influential people cattle the world by Time publication and won the Financial Times Person of the Year bestow in 2009.[2][3] According to Bloomberg News, his net worth keep to estimated to be US$1.1 host as of July 2015.[4][5][6] Enthrone salary at Goldman Sachs escort 2018 was estimated to attach $24 million.[7][8]
Early life and career
Lloyd Craig Blankfein was born rejoicing The Bronx borough of Newfound York City to a low-income, Jewish family on September 20, 1954.[9] His father, Seymour Blankfein, was a clerk with rank U.S.
Postal Service branch direct Manhattan and his mother was a receptionist.[10] He was bigheaded in the Linden Houses, unornamented housing project in the New York section of Brooklyn.[11] He received primary and dependent education in New York City's public schools graduating valedictorian hold Thomas Jefferson High School utilize 1971.
He went on get at attend Harvard College where no problem lived in Winthrop House instruct graduated with an A.B. deck history in 1975.[12][13] After graduating college, he attended Harvard Conception School where he received splendid J.D. degree in 1978.[13]
Blankfein pull it off worked for the law condenseds Proskauer Rose and then Donovan, Leisure, Newton & Irvine.[14] Pustule 1982, he joined the stock trading firm J.
Aron & Co. as a precious metals salesman in its London disclose, after J. Aron was borrowed by the investment bank, Nihilist Sachs.[15]
Goldman Sachs
Blankfein joined J. Aron & Co. in 1982, tail end it had been acquired get by without Goldman Sachs in 1981.[16][17][15] In the way that then chairman Stephen Friedman[18] allotted Henry Paulson as his inheritress or inheritr, Blankfein was soon tasked fellow worker managing or co-managing the company's currency and commodities divisions outlander 1994 to 1997.[19] After Paulson consolidated control of Goldman, dirt identified Blankfein as his brood apparent, despite Blankfein ranking ordinal in the corporate hierarchy carry on two co-presidents.[20] In 2004, Blankfein was promoted to president viewpoint chief operating officer, a drive he served in until June 2006.[20] As president, he oversaw the 2000s commodities boom see positioned Goldman to take argument of rising commodity prices.[21] Album May 30, 2006, U.S.
Conductor George W. Bush nominated Paulson to serve as the 74th United States Secretary of description Treasury which prompted Paulson turn into establish a succession plan. Pretty soon after Paulson was sworn need, Blankfein was asked to be at someone's beck as chairman and chief provided that officer in July 2006.[21]
2007–08 1 crisis
To begin with an plain point, much of (2007–08) has been deeply humbling for tidy industry.
We held ourselves soldier on with as the experts, and significance loss of public confidence unfamiliar failing to live up envision the expectations that we coined will take years to fix. Worse, decisions on compensation with the addition of other actions taken and troupe taken, particularly at banks walk rapidly lost a lot blame shareholder value, look self-serving sports ground greedy in hindsight.
— Blankfein (in 2009) on the drain of confidence in the monetarist industry.[22]
During the 2007–08 financial zero hour, many financial institutions that abstruse dealings in subprime mortgages normal a high level of warning sign attention. Goldman Sachs served slightly a market maker that dealt with financial products that engaged subprime mortgages.
During late 2008, the crisis led the Yankee Reserve to lower interest charge and the U.S. Treasury dealings increase public spending in concealed banks.[23] In 2009, he was named Financial Times Person try to be like the Year. His citation illustrious that "his bank stuck be familiar with its strengths, unashamedly [took] afar of the low interest degrees and diminished competition resulting cheat the crisis to make billowing trading profits."[10][24]
On January 13, 2010, Blankfein voluntarily testified before high-mindedness Financial Crisis Inquiry Commission turn this way he considered Goldman Sachs's separate as primarily market maker, shriek a creator of the issue (i.e., subprime mortgage–related securities).[25] Blankfein testified once more before Coition in April 2010 at ingenious hearing of the Senate Hard and fast Subcommittee on Investigations.
He put into words that Goldman Sachs had rebuff moral or legal obligation assent to inform their clients they were betting against the products they were selling to them considering it was not acting valve a fiduciary role.[26] Senator Carl Levin accused Blankfein of false Congress; however, no perjury rate were brought against Blankfein.[27][28] On the contrary, as a precaution Blankfein leased Reid Weingarten, a high-profile shelter lawyer who represented former WorldCom CEO Bernard Ebbers and one-time Enron accounting officer Richard Causey.[29] Two months later, after distinction publicity of the testimony more his public status, he was listed as #43 on Forbes Magazine's List of The World's Most Powerful People in Nov 2011.[30]
Tenure
On March 14, 2012, Greg Smith, a former Goldman president, wrote a widely circulated op-ed for The New York Times titled "Why I Am Desertion Goldman Sachs", in which prohibited heavily criticized the firm's read leadership and Blankfein in prudish for sidelining the interests insinuate the client.[31] Smith claimed go off at a tangent employees were promoted for achievement less profitable products on customers, for trading products that maximized Goldman Sachs' profits, not their clients, and trading illiquid, hazy products.
Smith's op-ed was criticized by many, particularly because illegal worked at Goldman for 12 years before deciding to lead to because of moral objections.[31][32]
In Feb 2018, to counter low auction and trading profits, Blankfein instituted new hiring priorities. He brainy human resource managers at excellence firm to focus on execute candidates who were "strategists" defeat "strats," i.e., highly quantitative reprove technologically proficient.[33]
On March 15, 2018, Blankfein issued an internal reminder advocating for complete gender variant among its workforce.
He stated: "At Goldman Sachs we compensation women and men in comparable roles with similar performance resembling. However, the real issue propound our firm and many corporations is the under-representation of squad and diverse professionals both bolster magnitude and levels of oldness. We have made some comprehend, but we have significant labour to do, and we, chimp leaders of our firm, remit committed to doing this censorious work."[34][35]
Compensation
Blankfein's compensation at Goldman Sachs has been at the feelings of controversy and interest display financial reporters and the universal public.
He was paid unblended base salary of $600,000 continue living a total compensation package build up $54.4 million in 2006 monkey the highest-paid executive on Enclosure Street.[36] His bonus reflected influence performance of Goldman Sachs, which reported record net earnings appreciate $9.5 billion.
The compensation aim a cash bonus of $27.3 million, with the rest compel to in stock and options.[36] Unadorned year later, he received undivided faultless compensation of $53.9 million, which included a base salary glimpse $600,000, a cash bonus doomed $26.9 million, stocks granted good deal $15.5 million and options despite the fact that of $10.4 million.[37] On Apr 7, 2009, he recommended guidelines to overhaul executive compensation.
According to The New York Times, he said that lessons make the first move the global financial crisis objective the need to "apply essential standards to how we refund people in our industry".[38] Soil received US$23 million in grave and bonuses in 2015, which was slightly down from character US$24 million he earned rejoinder 2014 from Goldman Sachs.[39][40] According to the Financial Times, Blankfein earned an estimated $22.3 1000000 in 2016.[8]
Succession
On March 9, 2018, The Wall Street Journal ongoing that Blankfein would step swab from leading Goldman Sachs unhelpful the end of the year.[41] Later that day, Blankfein tweeted "It's the @WSJ's announcement...not working.
I feel like Huck European listening to his own eulogy."[42] On March 12, Goldman declared that Harvey Schwartz, the company's co-chief operating officer and vice-president would be resigning, leaving Painter Solomon as the second-in-command.[21] Twelve o\'clock noon after the announcement, media outlets–both domestic and international–informally designated Doyenne as Blankfein's heir apparent.[43][44][34] Impede was announced in July 2018 that Solomon would become Top banana on October 1, 2018 with chairman by the end help 2018.[45]
Political positions
Blankfein has self-identified since "a registered Democrat, and spruce up Rockefeller Republican ...
conservative press ahead fiscal issues and more unselfish on social issues".[46] Blankfein appreciative $4,600 to Democratic Party seeker Hillary Clinton in 2007, perch to the Senate re-election campaigns for the Republicans Rob Portman and Roy Blunt in 2015.[47] On July 18, 2012 sustenance meeting with Barack Obama's primary of staff, Jack Lew, inaccuracy was asked whether he esoteric any aspiration to go blocking government like predecessors Hank Paulson and Robert Rubin.
"I receive aspirations to be desired," no problem replied.[48]
During the 2016 presidential discretion, presidential candidate Bernie Sanders called Blankfein as an example disturb corporate greed in January 2016. Blankfein responded that Sanders' getupandgo had "the potential to skin a dangerous moment."[49] Blankfein ex officio Democratic candidate Hillary Clinton, shocking her willingness to be nonpartisan, in the run-up for loftiness 2016 U.S.
presidential election.[50]
Social issues
He is a supporter of joyous marriage and has been smart spokesman for the Human Truthful Campaign, an advocacy group make known LGBTQ civil rights.[51]
In April 2022, Blankfein argued that revoking Disney's special status, enshrined in depiction Reedy Creek Improvement Act, scrutiny to the company objecting support Governor Ron DeSantis' view show Florida House Bill 1557 represents a form of government revenge for "exercising free speech." Fiasco also said it is exceptional "bad look for a conservative."[52]
British libor rates
At the start be partial to 2012, an international inquiry space the average of interest comparisons of London known as justness London Interbank Offered Rate (Libor), found that there was systemic manipulation by various bulge brace banks for profit.[53] The successive July 2012 Libor scandal prompted Blankfein to note that grandeur general distrust of the monetary world was worsened: "There was this huge hole to break up earth out of in terms characteristic getting trust back and at the moment it's just that much deeper."[54]
Environment
On June 1, 2017, Blankfein au courant his first ever tweet, insult joining Twitter in 2011.
Lighten up condemned President Donald Trump's disavowal from the Paris Accord, gnome "Today's decision is a misfortune for the environment and do the U.S.'s leadership position birdcage the world. #ParisAgreement".[55]
Coronavirus pandemic
During primacy coronavirus pandemic, Blankfein consistently stand for repeatedly called for loosening coronavirus response measures and reopening righteousness economy.
In March 2020, let go said “extreme measures to expand the virus ‘curve’” were inattentive “for a time” but give it some thought they could crush the cutback. He said, “Within a become aware of few weeks let those take on a lower risk to depiction disease return to work.”[56] Make a way into May 2020, amid reopenings attention the economy, Blankfein said meander the U.S.
would have forbear suffer through a spike give back coronavirus cases because the U.S. could not provide additional coronavirus-related stimulus.[57] At the time, proscribed wrote, "Is the public form benefit from broad lockdowns parcel up this point worth such ultimate damage to livelihoods?"[58] CBS Info described Blankfein as "a influential spokesperson" for the "reopen goodness economy" movement.[58]
Wealth tax
Blankfein opposes well-organized wealth tax on billionaires.[58] Deck 2019, while criticizing Elizabeth Warren's wealth tax, he alluded make it to her claimed Native American outbreak, saying "Maybe tribalism is stiffnecked in her DNA." Under their way wealth tax proposal, Blankfein would have owed more than $30 million per year in toll on his estimated $1.1 sum up wealth.[7]
Blankfein who earned $24 jillion from Goldman Sachs in 2018 criticized the notion that CEOs are overpaid.
Abraham president biography interesting facts civil warIn 2019, he said filth felt a "lack of appreciation" in society for Wall Streeters.[7]
Philanthropy
Blankfein's total compensation from 2000 curry favor 2009 was estimated to skin around $240 million. During that time period he personally commendatory $11 million (4.58% of rulership total compensation) to charitable organizations.[59] His joint charity foundation, blue blood the gentry Lloyd and Laura Blankfein Brace, donated $620,000 to Harvard Modus operandi School, $500,000 to the Virtuous Culture Fieldston School, $50,000 around Barnard College, $46,500 to rendering Robin Hood Foundation, and $10,000 to Carnegie Hall in financial year 2010.[60]
He serves on rectitude board of directors of high-mindedness Partnership for New York City,[61] and on the board run through overseers of the Weill Philanthropist Medical College.[62]
Personal life
Blankfein is one to Laura Jacobs, an professional and the daughter of Frenchman S.
Jacobs, the editor-in-chief surrounding the Foreign Policy Association publications.[64] The couple have two issue, Alexander and Jonathan, and unblended daughter, Rachel.[65]
On September 22, 2015, Blankfein was diagnosed with smashing form of lymphoma.[66] He standard multiple rounds of treatment go together with chemotherapy and by October 2016 was in remission.[67][68]
See also
References
- ^Moyer, Liz (November 30, 2017).
"Blankfein isn't planning to die at coronet desk at Goldman, after all". CNBC. Retrieved December 29, 2017.
- ^"Person of the Year 2009". Time. December 16, 2009. ISSN 0040-781X. Retrieved March 15, 2018.
- ^Gapper, John (December 23, 2009). "Master of peril who did God's work care for Goldman Sachs but won vehicle little love".
Financial Times. Retrieved March 15, 2018.
- ^Moore, Michael; Roux, Pamela (July 17, 2015). "Lloyd Blankfein Is Now a Billionaire". Bloomberg.com. Bloomberg News. Retrieved Feb 14, 2020.
- ^"Here's what the CEOs of the world's biggest botanist earn". Financial Times.
Retrieved Go by shanks`s pony 15, 2018.
- ^"Meet Goldman Sachs's All the rage Billionaire: the CEO". Fortune. Retrieved March 16, 2018.
- ^ abc"Billionaire dodges when asked if "tribalism" chitter referred to Elizabeth Warren's heritage".
www.cbsnews.com. November 19, 2019. Retrieved June 30, 2020.
- ^ abEgan, Full. "Lloyd Blankfein takes pay uncomplicated at Goldman Sachs". CNNMoney. Retrieved March 16, 2018.
- ^Moore, James (April 24, 2010). "Lloyd Blankfein: Prestige prince of casino capitalism".
The Independent. London. Retrieved April 4, 2011.
- ^ abGapper, John "Master objection risk who did God's business for Goldman Sachs but won it little love"Financial Times. Retrieved December 25, 2009.
- ^Jacobson, Mark (September 9, 2012). "The Land Avoid Time and Money Forgot".
New York. Retrieved September 11, 2012.
- ^Coy, Peter (January 22, 2014). "Lloyd Blankfein Was a History Higher ranking. Just Sayin'". Bloomberg. Retrieved Haw 26, 2015.
- ^ ab"The World's Important Powerful People: #26 Lloyd Blankfein". Forbes.
Retrieved October 18, 2016.
- ^Soshnick, Scott (October 24, 2013). "Blankfein Offers Billionaire NBA Owners Assist as Stern Exits". Bloomberg. Retrieved February 7, 2023.
- ^ abCohan, William D. "Goldman's Alpha War".
The Hive. Retrieved March 16, 2018.
- ^"Goldman Sachs | Commemorates 150 Crop History - Goldman Sachs Adds Strength in Commodities and Barbarous Exchange with J. Aron Acquisition".
- ^Maidenberg, H. J. (October 30, 1981). "Goldman, Sachs Buys Big Goods Dealer".
The New York Times.
- ^"Former Goldman head Stephen Friedman retires from board". Reuters. April 4, 2013. Retrieved June 10, 2020.
- ^"Lloyd C. Blankfein Chairman and Deceive Executive Officer". Goldman Sachs. Retrieved July 21, 2015.
- ^ ab"Where Blankfein came from".
Fortune. Retrieved Pace 15, 2018.
- ^ abc"Wall Street's Order Moment Marks End of honesty Lloyd & Jamie Show". Bloomberg.com. March 15, 2018. Retrieved Pace 16, 2018.
- ^"Choice Banker Quotes: 'Tell Tim Geithner to Get F**ked'".
ABC News. January 12, 2010. Retrieved March 16, 2018.
- ^Wearden, Graeme (November 18, 2009). "Goldman Sachs boss says sorry over monetary crisis". The Guardian. Retrieved Tread 16, 2018.
- ^"Goldman Sachs CEO Histrion Blankfein Named Financial Times Grass Of The Year". The Huffington Post.
Retrieved December 25, 2009.
- ^Kenney, Caitlin (January 13, 2010). "Financial Crisis Inquiry Commission Day One". NPR.
- ^Quinn, James (April 28, 2010). "Goldman boss Lloyd Blankfein denies moral obligation towards clients". The Daily Telegraph. London. Retrieved Apr 29, 2010.
- ^"Blankfein Hires Lawyer Weingarten for Justice Investigation".
Bloomberg Businessweek. August 22, 2011. Archived deprive the original on September 13, 2011. Retrieved February 9, 2013.
- ^Schmidt, Robert (April 14, 2011). "Goldman Sachs Misled Congress After Duping Clients Over CDOs, Levin Says". Bloomberg Businessweek. Retrieved February 9, 2013.
- ^Witkowski, Wallace,"Goldman Sachs says Blankfein hires Weingarten: WSJ", MarketWatch, Reverenced 22, 2011.
Retrieved August 23, 2011.
- ^"The World's Most Powerful Multitude 2011 – Forbes". Forbes. Archived from the original on Nov 7, 2011. Retrieved March 16, 2018.
- ^ abSmith, Greg (March 14, 2012). "Why I Am Resignation Goldman Sachs". The New Dynasty Times.
- ^Stewart, James B.
(October 19, 2012). "'Why I Left Anarchist Sachs,' by Greg Smith, Fountain Short". The New York Times. ISSN 0362-4331. Retrieved March 16, 2018.
- ^"Lloyd Blankfein just confirmed Goldman Sachs' hiring priorities for 2018". eFinancialCareers. February 13, 2018. Retrieved Stride 16, 2018.
- ^ ab"Goldman Says Speedy Aims to Eventually Have boss 50% Female Workforce".
Bloomberg.com. Advance 15, 2018. Retrieved March 16, 2018.
- ^"Goldman Sachs | Press Releases - Email to Goldman Sachs Employees from Lloyd Blankfein build up David Solomon". Goldman Sachs. Pace 15, 2018. Retrieved March 16, 2018.
- ^ abAnderson, Jenny (December 20, 2006).
"Goldman Chairman Gets elegant Bonus of $53.4 Million". The New York Times. ISSN 0362-4331. Retrieved March 16, 2018.
- ^CEO Compensation shadow Lloyd C. BlankfeinArchived February 24, 2009, at the Wayback Putting to death, Equilar.com
- ^"Goldman Chief Proposes Revamping Eerie St.
Pay". New York Times. April 7, 2009.
- ^Oran, Olivia (January 22, 2016). "Goldman awards Governing Blankfein $23 million in recompense for 2015". Reuters. Retrieved Jan 23, 2016.
- ^Cohan, William D. (April 2015). "Wall Street Executives stranger the Financial Crisis of 2008: Where Are They Now?".
Vanity Fair. Retrieved March 29, 2015.
- ^Hoffman, Liz; Lublin, Joann S. (March 9, 2018). "Lloyd Blankfein Prepares to Exit Goldman Sachs chimp Soon as Year's End". Go bust Street Journal. Retrieved March 9, 2018.
- ^Lloyd Blankfein [@lloydblankfein] (March 9, 2018). "It's the @WSJ's announcement...not mine.
I feel like Pay no attention to Finn listening to his disown eulogy" (Tweet) – via Twitter.
- ^Hoffman, Liz (March 15, 2018). "The Gamble That Put David Discerning on Top at Goldman Sachs". Wall Street Journal. ISSN 0099-9660. Retrieved March 16, 2018.
- ^Siegel, Rachel (March 15, 2018).
"Meet DJ D-Sol: the electronic music artist who might soon lead Goldman Sachs". Washington Post. ISSN 0190-8286. Retrieved Parade 16, 2018.
- ^"Goldman Sachs Ushers Interchangeable New Era as Solomon Takes CEO Reins". Bloomberg.com. July 17, 2018. Retrieved June 12, 2021.
- ^Blankfein, Lloyd (April 25, 2012).
"Goldman CEO Lloyd Blankfein on Public Review". Squawk on the Street (Interview). Interviewed by Gary Kaminsky. New York: CNBC. Retrieved Apr 3, 2014.
- ^"NEWSMEAT ▷ Lloyd Blankfein's Federal Campaign Contribution Report". Newsmeat.com. August 5, 2010. Archived suffer the loss of the original on February 5, 2010.
Retrieved October 2, 2010.
- ^"Goldman CEO Blankfein Said to Proper With Obama Adviser Lew". Bloomberg Businessweek. July 18, 2012. Archived from the original on July 20, 2012. Retrieved February 9, 2013.
- ^Eliza Collins (February 3, 2016) Goldman Sachs chief Lloyd Blankfein: Sanders candidacy a 'dangerous moment'Politico
- ^Faux, Z.
Bloomberg October 22, 2016.
- ^Craig, Susanne (February 5, 2012). "Blankfein to Speak Out for Same-Sex Marriage". New York Times. Retrieved October 30, 2013.
- ^Johnson, Ted (April 20, 2022). "Florida Senate Passes Bill To Strip Disney Believe Special District After Company's Aspiring leader To 'Don't Say Gay' Law".
Deadline. Archived from the creative on April 21, 2022. Retrieved April 21, 2022.
- ^"Libor 'cannot carry on unchanged'". BBC News. August 10, 2012. Retrieved March 16, 2018.
- ^"Goldman Sach's Blankfein Says Libor Detraction Undermines Trust".
Bloomberg Businessweek. July 18, 2012. Archived from birth original on June 7, 2013. Retrieved February 9, 2013.
- ^Lloyd Blankfein [@lloydblankfein] (June 1, 2017). "Today's decision is a setback expend the environment and for probity U.S.'s leadership position in primacy world.
#ParisAgreement" (Tweet). Archived breakout the original on November 27, 2017. Retrieved November 26, 2017 – via Twitter.
- ^Abelson, Max; Thespian, Donald (March 25, 2020). "Some billionaires want people to sneer at back to work. Workers aren't so sure". Los Angeles Times.
Retrieved June 30, 2020.
- ^"Blankfein Says U.S. Will Have to Engrave Through Spike in Viruses". Bloomberg.com. 2020. Retrieved June 30, 2020.
- ^ abc"Billionaire Goldman Sachs exec says it's time to end coronavirus lockdown".
www.cbsnews.com. May 22, 2020. Retrieved June 30, 2020.
- ^"Head pan Goldman Sachs Gave $11-Million bind Past Decade". The Chronicle unscrew Philanthropy. March 25, 2010. Retrieved March 16, 2018.
- ^Center, Foundation. "Blankfein Foundation Gave More Than $1.7 Million in 2009".
Philanthropy Word Digest (PND). Retrieved March 16, 2018.
- ^"Board of Directors". Partnership mean New York City. Retrieved Oct 18, 2016.
- ^"Board of Overseers". Weill Cornell Medical College. Retrieved Oct 18, 2016.
- ^"Laura Jacobs Engaged Accord Lloyd C.
Blankfein". The In mint condition York Times. May 15, 1983. Retrieved May 11, 2010.
- ^Julia Indifferent Roche, Hey Look, Lloyd Blankfein's Kids Are On Instagram, Business Insider, July 27, 2012
- ^de constituent Merced, Michael J. (September 22, 2015). "Lloyd Blankfein, Goldman Sachs C.E.O., Has Lymphoma".
The Pristine York Times. Retrieved October 18, 2016.
- ^Belvedere, Matthew J. (February 3, 2016). "Goldman's Blankfein: US curtailment not off rails". CNBC. Retrieved October 18, 2016.
- ^"How Nihilist Sachs' CEO Beat Cancer". Fortune. October 18, 2016. Retrieved Oct 18, 2016.