Former Goldman Sachs CEO Lloyd Blankfein slams Wall Street traders as Trump enablers

  • Date: 09-Jan-2021
  • Source: Business Insider
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Former Goldman Sachs CEO Lloyd Blankfein slams Wall Street traders as Trump enablers

Lloyd Blankfein, ex-CEO of Goldman Sachs, speaks at the Boston College Chief Executives Club.







Thomson Reuters













Lloyd Blankfein, ex-chair and CEO of Goldman Sachs, tore into his Wall Street compatriots, calling them enablers of President Donald Trump who had collectively "put a clothespin on our nose."

"He was delivering what 'we' wanted ... we weren't ignorant of the kind of risks we were taking. We repressed them," Blankfein told The New York Times. 

Blankfein, who left Goldman in 2018, said he never counted himself a Trump supporter. In September, he seemed to suggest that public markets were ready for Joe Biden to win the presidency. 

Visit Business Insider's homepage for more stories.

Lloyd Blankfein, the ex-chair and CEO of Goldman Sachs, tore into his Wall Street compatriots, calling them enablers of President Donald Trump who had collectively "put a clothespin on our nose."

Blankfein said financial firms put up with Trump simply because of what he could deliver, mainly lower corporate taxes and fewer regulations. 

"He was delivering what 'we' wanted. We put a clothespin on our nose. We weren't ignorant of the kind of risks we