Following is an unofficial excerpt of a first on CNBC interview where Goldman Sachs President Gary Cohn did not rule out the possibility that Goldman Sachs might shed its bank holding company status.
COHN ON DEBANKING
COHN: IT WOULD BE IMPOSSIBLE FOR ME TO MAKE ANY JUDGMENTS OR OPINION CALLS AT THIS POINT BASED ON WHERE WE ARE. AS WE GET MORE INFORMATION AND MORE DATA WE'LL UNDERSTAND WHAT THE REGS MEAN BUT AT THIS POINT WE HAVE NO INTENTION WHAT SO EVER OF DEBANKING.
THOMPSON: BUT ITS SOMETHING YOU MIGHT CONSIDER OBVIOUSLY?
COHN: AT THIS POINT WE HAVE NO INTENTION.
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