This sounds like wishful thinking to us. Blankfein will do everything in his power to stay on as CEO, including but not limited to bake sales for Obama 2012, community service in the Hamptons, and a series of public PSAs discussing the Rapture, Harold Camping and doing God's work on Wall Street.
Full story plus Gasparino video inside.
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Gasparino reveals Blankfein to be offered up by Goldman Board...
Snip:
Wall Street executives and senior people inside Goldman Sachs say Lloyd Blankfein may want to hang on as CEO of the big Wall Street firm, but the final decision will not be his to make. Rather, his fate rests in the hands of the U.S. Justice Department, which is probing statements he made before a Senate committee investigating Goldman’s role in the 2008 financial crisis, FOX Business has learned.
If a probe by the DOJ into Goldman’s conduct ahead of the financial crisis is expedited and the focus turns to Blankfein’s actions, the thinking goes, Goldman’s board of directors will likely offer Blankfein up as a sacrifice in exchange for leniency.
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Video - Gasparino on Blankfein - May 13, 2011
Lloyd is on thin ice says Charlie.
Meanwhile, on Wednesday Bloomberg's Jonathan Weil detailed the impropriety of various members of Goldman's board including Stephen Friedman.
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