Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc., discusses the global economy, the financial-services industry and investment strategy.
Blankfein, speaking with Royal Bank of Canada (RY) CEO Gordon Nixon at an event hosted by the Canadian Club of Toronto, also discusses wealth distribution. (Source: Bloomberg)
00:00 Europe will be a "muddle-through." 05:05 China's outlook, Goldman's strategy there 09:27 U.S. woes "self-inflicted"; fiscal deficit 17:16 Wealth generation vs. distribution 22:42 Building trust in financial industry 25:18 Financial regulation, capital requirements 32:12 Systemically important institutions 34:57 Goldman's business model 36:53 "I would go long more the real assets."
Running time 39:09