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TRENDING TAGS
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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
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- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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The Blankfein Age
[ by Melanie Gretchen ]
Lloyd Blankfein isn't going anywhere. The Goldman Sachs CEO since 2006 is firmly focused on the firm's future – to which he is firmly enjoined.
"The combination of this being who I am and what I do and having absolutely no other interests makes me think this is what I’ll be doing for a while." -- Mr. Blankfein, 58, during an interview with Stephanie Ruhle on Bloomberg Television today from the sidelines of Goldman Sachs’s technology conference in San Francisco.
He would, he said, ride into the sunset to serve as U.S. Treasury secretary as his predecessors Henry Paulson and Robert Rubin did after they left the firm. Though he would "love to be wanted" for such a role, it would seem that the "distant hypothetical" is indeed deep in the future. Rather, he is set on reinvigorating his firm, the 5th-largest U.S. bank by assets, from the $550 million it paid to settle a fraud case brought the SEC.
"I want to spend most of my time leaning forward, trying to finance businesses that will improve the economy. I’m not going to outrun the legacy issues."
For further details, go to [Bloomberg, 2/12/13].

