Discussing if buybacks are artificially propping up the stock markets, Lloyd Blankfein, Goldman Sachs chairman and CEO, explains companies are investing to make themselves more efficient.» Read More
From the canyons of Wall Street to the City of London and beyond to Hong Kong, an intense guessing-game has begun: who will succeed Lloyd C. Blankfein when he eventually steps aside as chief executive of Goldman Sachs? The New York Times reports.
The disclosure by Lloyd Blankfein that he rarely uses email, preferring to check the daily profits and losses at Goldman Sachs over voicemail, is a reminder that at the highest levels, Goldman is still a “voicemail” shop.
Goldman Sachs chief Lloyd Blankfein admitted that not all Goldman Sachs clients are created equal in the eyes of the firm.
It's confirmed. Lloyd Blankfein will testify at the trial of Raj Rajaratnam for insider trading, according to letters sent to Judge Holwell, from government prosecutors and Raj's defense (via Bloomberg).
Federal prosecutors say they do plan to call Goldman Sachs Chairman Lloyd Blankfein as a witness in the insider trading trial of Raj Rajaratnam, according to a letter sent to the judge in the case.
When Raj Rajaratnam was a hedge fund baron managing billions of dollars and being lionized as one of Wall Streets savviest investors, he was asked what made him so successful. A decade later, Mr. Rajaratnam is taking the biggest calculated risk of his life. The New York Times reports.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
Also, get Cramer's thoughts on Lloyd Blankfein's agreement to testify in the Rajaratnam trial.
The insider trading trial of Galleon founder Raj Rajaratnam may include testimony from Goldman Sachs CEO Lloyd Blankfein.