Blankfein Calling it Quits: Gasparino

Discussion in 'Wall St. News' started by cstfx, Mar 17, 2011.

  1. cstfx

    cstfx

    According to Gasparino, Lloyd Blankfein's friends say he's on the way out.

    They say this is his last year, according to Charlie.

    What does Goldman say?

    "They refuse to deny it," says Gasparino.

    Which means they said something like, "We don't comment on market rumor."

    Before he went on air with the rumor, Gasparino tweeted, "Is Goldman Sachs CEO Blankfein ready to leave the firm in the next year? I’ll tell you what his friends are telling me at 1.30pm on FBN."

    A few minutes later, he was on FBN saying that the Goldman Sachs CEO's friends say that this is his last year. He also gave explaining the reason a shot saying that now Blankfein's name is in the news related to the Raj trial, and he's got to deal with former board member Rajat Gupta's deceiving the firm by leaking information about Goldman's thinking about buying AIG and about Warren Buffett's big cash injection.

    http://finance.yahoo.com/news/Gasparino-Lloyd-Blankfein-Is-siliconalley-3621389395.html?x=0&.v=2
     
  2. Blanky started his career in commmodity trading. He knows how to take a hit. But since the Volcker rule has set in and the prop group has to be disscolved, he has no fun anmyore at GS...:cool: