background preloader

Goldman Sachs

Facebook Twitter

Lloyd Blankfein. Lloyd Craig Blankfein (born September 20, 1954)[1] is an American business executive.

Lloyd Blankfein

He is the CEO and Chairman of Goldman Sachs. He assumed this position upon the May 2006, nomination of former CEO Henry Paulson to United States Secretary of the Treasury. Biography[edit] Early life[edit] Career[edit] Goldman's White House connections raise eyebrows. WASHINGTON — While Goldman Sachs' lawyers negotiated with the Securities and Exchange Commission over potentially explosive civil fraud charges, Goldman's chief executive visited the White House at least four times.

Goldman's White House connections raise eyebrows

White House logs show that Chief Executive Lloyd Blankfein traveled to Washington for at least two events with President Barack Obama, whose 2008 presidential campaign received $994,795 in donations from Goldman's employees and their relatives. He also met twice with Obama's top economic adviser, Larry Summers. No evidence has surfaced to suggest that Blankfein or any other Goldman executive raised the SEC case with the president or his aides. SEC Chairwoman Mary Schapiro said in a statement Wednesday that the SEC doesn't coordinate enforcement actions with the White House or other political bodies.

Meanwhile, however, Goldman is retaining former Obama White House counsel Gregory Craig as a member of its legal team. Hillary Rodham Clinton.