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Lloyd Blankfein on Why He Avoids Twitter After Goldman Sachs

Bloomberg Markets •
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Lloyd Blankfein, former Goldman Sachs CEO, discusses his decision to stay off Twitter despite his prominent role in finance. Blankfein led the investment bank through the 2008 financial crisis and oversaw its trading boom for over a decade. His new memoir, Streetwise: Getting To and Through Goldman Sachs, chronicles his journey from Brooklyn public housing to Wall Street's pinnacle.

In a recent Bloomberg Markets interview, Blankfein explored multiple topics affecting today's financial landscape. He examined deglobalization's impact on Wall Street operations and discussed how AI and technology threaten traditional investment banking models. The conversation also covered risk management in private credit markets and wealthy individuals' attitudes toward taxation.

Blankfein shared insights he omitted from his book and explained his social media strategy. The former CEO's perspectives carry weight given his experience navigating Goldman Sachs through major market disruptions and his current role as a financial industry observer.