Lloyd blankfein biography new york times games

Known for his cold-blooded efficiency, Blankfein has made a name for himself in the world of finance. His father worked as a clerk for the postal service, while his mother was a secretary. Even as a young boy, Blankfein started working and conducted commercial activities at the Yankee stadium. After completing his education, Blankfein attended Harvard University, where he earned a Bachelor's degree in He continued his studies at Harvard and obtained a law degree in In , he joined one of Goldman Sachs' subsidiaries, J.

In , Lloyd Blankfein was named Person of the Year by the Financial Times for his ability to maximize profits in a highly competitive and crisis-ridden market. Blankfein's leadership style and the practices of Goldman Sachs were not without controversy. In , during a testimony before the Committee on the Financial Crisis, Blankfein famously stated that Goldman Sachs does not create products but rather determines the face of the market.

Critics accused him of not disclosing certain complex aspects of the bank's transactions to clients, while supporters commended his ability to navigate low-interest rates and weakened competition. Apart from his professional achievements, Blankfein has been actively involved in politics and philanthropy. He supported the Democratic Party and even identified himself as a Democrat.

Lloyd Blankfein is winding down his year tenure as Goldman Sachs's chief executive, the longest run atop the firm in five decades.

Employees and family members of Goldman Sachs also contributed nearly a million dollars to Barack Obama's campaign in Blankfein has also been involved with charitable organizations such as the Asia Society of the Rockefeller family and the Robin Hood Foundation, which fights poverty in New York City. Lloyd Blankfein is married to Laura Jacobs, and they have two sons and a daughter.

Date of Birth: