Blankfein Rejects Trump Rhetoric, Says There’s No Banking Cabal
Lloyd Blankfein, chairman and chief executive officer of the Goldman Sachs Group Inc., speaks during the Fortune Most Powerful Women Summit in Dana Point, California, U.S., on Tuesday, Oct. 18, 2016. The summit gathers the preeminent women in business—along with select leaders in government, philanthropy, education and the arts—for wide-ranging conversations and features one-on-one interviews, panel discussions, interactive breakout sessions and high-level networking. Photographer: Patrick T. Fallon/Bloomberg
Lloyd Blankfein called it fruitless to try responding to remarks made by Republican presidential candidate Donald Trump about Hillary Clinton’s ties to Wall Street.
“To go out and argue in a rational way some of the things that are being said is a waste of time,” Blankfein, Goldman Sachs Group Inc.’s chief executive officer, said Wednesday in an interview on CNBC, responding to a question about Trump’s rhetoric.