Goldman sachs ceo brooklyn pink houses4/22/2024 ![]() When then chairman Stephen Friedman appointed Henry Paulson as his successor, Blankfein was soon tasked with managing or co-managing the company's currency and commodities divisions from 1994 to 1997. in 1982, after it had been acquired by Goldman Sachs in 1981. Goldman Sachs Blankfein and Henry Kissinger at the Annual Meeting of the World Economic Forum in Davos, January 2008īlankfein joined J. Aron was acquired by the investment bank, Goldman Sachs. as a precious metals salesman in its London office, after J. In 1982, he joined the commodities trading firm J. īlankfein first worked for the law firms Proskauer Rose and then Donovan, Leisure, Newton & Irvine. After graduating college, he attended Harvard Law School where he received a J.D. He went on to attend Harvard College where he lived in Winthrop House and graduated with an A.B. He received primary and secondary education in New York City's public schools graduating valedictorian at Thomas Jefferson High School in 1971. He was raised in the Linden Houses, a housing project in the East New York section of Brooklyn. ![]() Postal Service branch in Manhattan and his mother was a receptionist. His father, Seymour Blankfein, was a clerk with the U.S. Lloyd Craig Blankfein was born in The Bronx borough of New York City to a low-income, Jewish family on September 20, 1954. His salary at Goldman Sachs in 2018 was estimated to be $24 million. According to Bloomberg News, his net worth is estimated to be US$1.1 billion as of July 2015. Blankfein was twice named one of the most influential people in the world by Time magazine and won the Financial Times Person of the Year award in 2009. as others either went bankrupt or fell to acquisition. Treasury bailed out the company, Blankfein took advantage of low interest rates to undercut competition from other investment banks and established Goldman Sachs as the second largest investment bank in the U.S. His role in handling the crisis was widely praised and criticized by media outlets, making him a public figure.Īfter the Federal Reserve implemented dovish monetary policies and the U.S. ![]() Almost immediately after Blankfein assumed the head of the company, the financial crisis of 2007–08 hit the banking industry. He served as the president and chief operating officer from 2004 to his ascension to chief executive. After leading Goldman's currency and commodities divisions from 1994 to 1997 he was named heir apparent. Aron & Co., a small commodities trading firm which was acquired by Goldman in 1981. In 1982, he became a precious metals salesman at J. Previous to leading Goldman Sachs, he was the company's president and chief operating officer (COO) from 2004 to 2006, serving under then-CEO Henry Paulson.īorn and raised in New York City, Blankfein attended Harvard University for his undergraduate and law school studies before briefly entering private law practice. Lloyd Craig Blankfein (born September 20, 1954) is an American investment banker who has served as senior chairman of Goldman Sachs since 2019, and chairman and chief executive from 2006 until the end of 2018.
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