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Net Net: Promoting innovation and managing change

Lloyd Blankfein on CNBC: 'Nobody Can Flagellate Themselves as Well As Goldman Sachs'

Jim Watson | AFP | Getty Images

Whatever doesn't kill Goldman Sachs makes it stronger.

Goldman Chief Executive Lloyd Blankfein said on CNBC that the Wall Street powerhouse was "probably going to be a better firm" after conducting a "tremendous deep dive" internal investigation into accusations by former Goldman employee Greg Smith that the firm's culture had been corrupted and clients were mistreated.

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"I'll tell you the truth, I have anxiety about these things. I don't know always what we don't know," Blankfein said.

If you haven't already guessed, Goldman says that it emerged from its self-investigation completely exonerated from any wrongdoing.