Lloyd Blankfein isn’t going anywhere.
That's the message people on Wall Street, including many inside of Goldman Sachs, are taking from Blankfein's appearance on Squawk on the Street today.
The chief executive and chairman of Goldman Sachs has been in his post since 2006, making him the longest-running chief executive on Wall Street. He’s now been the longest-running sole head of the firm in at least a generation. (For much of its recent history, Goldman was run by co-chairmen or co-CEOs.)
For at least the last two years, there have been whispers that Blankfein might retire. Lots of speculation has focused on who might succeed him as head of the firm.
But today’s media appearances have silenced those whispers. The word on Wall Street now is that Blankfein is going to be around for an “extended period.” (That allusion to the Fed's interest rate policy is a bit of what passes for humor on Wall Street.)