Former Goldman Sachs CEO Lloyd Blankfein said he couldn’t imagine returning to his old firm, disputing a news report that said Blankfein offered to return in some capacity.
The New York Times piece “misquoted” the former executive, Blankfein told CNBC Monday in a phone conversation.
The Times reported Friday that Blankfein told his successor, David Solomon, in a June phone call that he was growing impatient with the firm’s progress. He could return to help their efforts, the Times reported.
“My conversation with him was, I offered to be helpful,” said Blankfein, who expressed support for Solomon. “I never used the word ‘return’.”
A New York Times representative didn’t immediately return a request for comment.
Solomon, who took over from Blankfein in October 2018, has been under fire for months for an ill-fated consumer banking effort. Current and former Goldman executives have leaked damaging details to the press about losses tied to the strategy, as well as embarrassing anecdotes about…
2023-08-14 18:14:12
Source from www.cnbc.com
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