Goldman's Blankfein Has a Way With the Ladies

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Goldman Sachs CEO Lloyd Blankfein

Goldman Sachs' CEO Lloyd Blankfein will be presented with an award Wednesday for the firm's 10,000 Women program.

The investment bank will receive the Chairman's Award from the Committee to Encourage Corporate Philanthropy for its $100 million dollar initiative that provides support and business and management education for women in developing and emerging markets.

Blankfein is expected to accept the award on behalf of Goldman this afternoon at the Time Warner Center in New York.

Junior investment bankers at Goldman are still disappointed that the firm's 10,000 Women program is not what they had hoped.