2016 Postmortem

think

(11,641 posts) Sat Dec 10, 2016, 02:45 PM Dec 2016

Goldman Sachs CEO: Trump Not a Dangerous President

Blankfein also states in the interview he'd consider a position in the Trump administration but no one has contacted him.

Goldman Sachs CEO: Trump Not a Dangerous President

Contrary to fears in Europe, Donald Trump will not be a “dangerous” U.S. president, said Lloyd Blankfein, the president and chief executive of America’s second-largest investment bank, Goldman Sachs, in an exclusive interview with Handelsblatt.

Asked whether Mr. Trump, who has proposed building a wall along the Mexican border and stopping the flow of Muslims into the United States, would be “dangerous,” the 62-year-old Mr. Blankfein sounded confident that Mr. Trump, despite his rhetoric, will be a pragmatic leader.

“I don’t think so,” Mr. Blankfein, who supported Democratic presidential candidate Hillary Clinton, said in an interview earlier this month at the Hotel Adlon in Berlin. “He’s a very smart guy, a businessman…I am not pessimistic at all because he won.”

As an investment bank, Goldman Sachs is in the risk-management business, Mr. Blankfein said, and Ms. Clinton, a known quantity, was a more easy choice for financiers like him. But “Mr. Trump may turn out to be a much better president than anyone else might have been in that place,’’ he added. “He’s just less of a known quantity as a politician.”

Read more:
https://global.handelsblatt.com/breaking/goldmans-blankfein-trump-not-a-dangerous-president

11 replies

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Highlight:

Goldman Sachs CEO: Trump Not a Dangerous President (Original Post) think Dec 2016 OP

He's probably not a danger to Goldman Sachs. The Velveteen Ocelot Dec 2016 #1

Yup.. think Dec 2016 #2

sure, sure... not dangerous at all.. RazBerryBeret Dec 2016 #3

Kind of shocking considering the current Russia/election uproar but then again not so much... think Dec 2016 #4

Wow! Trump is a easy way to test people! Madam45for2923 Dec 2016 #5

Certainly not to Mr Blankfein... Wounded Bear Dec 2016 #6

Sounds like Goldman Sachs is an important part of our government. jalan48 Dec 2016 #7

Thank God. I was worried there for a minute. Crunchy Frog Dec 2016 #8

Goody, I'll go to sleep now and wake up in 8 years dae Dec 2016 #9

What's a banker's definition of dangerous? SticksnStones Dec 2016 #10

The fact that he even has to address that question MBS Dec 2016 #11

The Velveteen Ocelot

(120,849 posts)

1. He's probably not a danger to Goldman Sachs.

Reply to think (Original post)

Sat Dec 10, 2016, 02:47 PM

Dec 2016

But to everybody else....?

think

(11,641 posts)

2. Yup..

Reply to The Velveteen Ocelot (Reply #1)

Sat Dec 10, 2016, 02:48 PM

Dec 2016

RazBerryBeret

(3,075 posts)

3. sure, sure... not dangerous at all..

Reply to think (Original post)

Sat Dec 10, 2016, 02:51 PM

Dec 2016

if he can help your business.
http://www.forbes.com/sites/kenrapoza/2016/12/09/goldman-sachs-russia/#4708c9373d2b

think

(11,641 posts)

4. Kind of shocking considering the current Russia/election uproar but then again not so much...

Reply to RazBerryBeret (Reply #3)

Sat Dec 10, 2016, 03:00 PM

Dec 2016

Madam45for2923

(7,178 posts)

5. Wow! Trump is a easy way to test people!

Reply to think (Original post)

Sat Dec 10, 2016, 03:02 PM

Dec 2016

Wounded Bear

(60,686 posts)

6. Certainly not to Mr Blankfein...

Reply to think (Original post)

Sat Dec 10, 2016, 03:08 PM

Dec 2016

jalan48

(14,393 posts)

7. Sounds like Goldman Sachs is an important part of our government.

Reply to think (Original post)

Sat Dec 10, 2016, 03:21 PM

Dec 2016

Crunchy Frog

(26,977 posts)

8. Thank God. I was worried there for a minute.

Reply to think (Original post)

Sat Dec 10, 2016, 03:51 PM

Dec 2016

dae

(3,396 posts)

9. Goody, I'll go to sleep now and wake up in 8 years

Reply to think (Original post)

Sat Dec 10, 2016, 04:58 PM

Dec 2016

or so, maybe.

SticksnStones

(2,108 posts)

10. What's a banker's definition of dangerous?

Reply to think (Original post)

Sat Dec 10, 2016, 06:04 PM

Dec 2016

Because I'm quite certain it doesn't match mine ~

MBS

(9,688 posts)

11. The fact that he even has to address that question

Reply to think (Original post)

Sat Dec 10, 2016, 06:31 PM

Dec 2016

is damning in itself.

Given the number of Goldman Sachs execs already tapped for Trump's infinite-conflict-of-interest cabinet, I'm not surprised by the CEO's (grotesquely misplaced) optimism.

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