Ex-Goldman CEO Lloyd Blankfein phoned his successor to complain after taking a $50 million hit on the banks stock
Berita Bitcoin Ethereum Ex-Goldman Sachs CEO Lloyd Blankfein. Goldman Sachs‘ ex-CEO called up his successor to complain after taking a $50 million hit on the bank’s stock, The New York Times reported. Lloyd Blankfein offered to give more advice to David Solomon and floated a return to the firm, per The Times. The embattled Goldman chief declined to take Blankfein up on his offer, The Times said. Goldman Sachs‘ former chief executive phoned his successor to complain after taking a $50 million hit from the bank’s slumping stock price, The New York Times reported on Friday. Ex-Goldman CEO Lloyd Blankfein vented his frustration to the investment-banking giants current boss, David Solomon, and volunteered to give him more advice or even rejoin the firm to help, The Times said. Solomon declined the offer of assistance, the newspaper said, citing three people briefed on the conversation. “He made it clear to Mr. Solomon that his patience was waning,” The Times reported. Blankfein reportedly made the unexpected call in mid-June, after Goldman‘s stock price had tumbled close to 10% from its January highs. Blankfein owned about 2.4 million Goldman shares in March 2019, the latest date for which figures are available. A stake of that size was worth upwards of $900