Top banker: Shutdown hurts 'shallow' recovery

Top banker: Shutdown hurts 'shallow' recovery

WASHINGTON, Oct. 2 (UPI) -- The head of a trade group representing U.S. bankers said Wednesday the federal government shutdown will hurt what he called a "shallow recovery" from recession.

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Obama meetings focus on immigration reform

WASHINGTON, Feb. 5 (UPI) -- U.S. President Obama's meetings with two groups Tuesday were to focus on getting a bipartisan immigration reform bill passed this year, the White House said.

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Dow climbs 2.3 percent, S&P up 2.5 percent ... 'Field of Dreams' movie site sold ... Government clamping down on settlements ... Goldman Sachs pays ahead of new tax punch ... News from United Press International.
Goldman Sachs pays ahead of new tax punch

Goldman Sachs pays ahead of new tax punch

NEW YORK, Jan. 2 (UPI) -- Goldman Sachs Group said it handed out shares to executives in December, dodging a tax hike in the process, The Wall Street Journal reported.
Feds won't prosecute Goldman Sachs

Feds won't prosecute Goldman Sachs

WASHINGTON, Aug. 10 (UPI) -- The U.S. Justice Department said late Thursday it has dropped its investigation of Goldman Sachs' actions during the nation's financial crisis.

Advice: Leaving a job? No ranting

CHICAGO, March 15 (UPI) -- Chicago employment consulting company Challenger, Gray & Christmas warned employees not to burn bridges when they quit their jobs.

Resigning exec rips into Goldman Sachs

NEW YORK, March 14 (UPI) -- A top level Goldman Sachs executive published a scathing editorial about the corporation in the New York Times Wednesday on his last day of work at the firm.

Goldman Sachs CEO supports gay marriage

NEW YORK, Feb. 6 (UPI) -- Goldman Sachs Chief Executive Lloyd Blankfein joined the Americans for Marriage Equality movement with a video, released Monday, supporting same-sex marriage.
Blankfein at Goldman to keep both jobs

Blankfein at Goldman to keep both jobs

NEW YORK, May 7 (UPI) -- New York financial firm Goldman Sachs Group Inc. shareholders agreed to let Chairman and Chief Executive Officer Lloyd Blankfein keep both of his jobs.
Goldman Sachs told managers 'reduce risk'

Goldman Sachs told managers 'reduce risk'

WASHINGTON, April 27 (UPI) -- Three current and former Goldman Sachs employees told U.S. senators Tuesday upper management frequently instructed them to minimize risks.

Goldman Sachs gives chief $9 million bonus

NEW YORK, Feb. 5 (UPI) -- Goldman Sachs said Friday its chief executive officer, Lloyd Blankfein, would receive a $9 million stock bonus for 2009, far less than some had expected.
Goldman Sachs jumps on payday report

Goldman Sachs jumps on payday report

NEW YORK, Feb. 1 (UPI) -- A Goldman Sachs spokesman called a report that Chief Executive Officer Lloyd Blankfein was to receive a $100 million bonus check "speculative nonsense."

Fault lines

The finger pointing in Washington Wednesday went all the way to the top -- far beyond penthouse office or the White House and into the stratosphere.
ANTHONY HALL, United Press International

Panel calls on top bankers to testify

WASHINGTON, Jan. 8 (UPI) -- A Congressional panel assembled to find the causes of the financial meltdown has scheduled four top U.S. bankers to give testimony next week.
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Lloyd Craig Blankfein (born September 20, 1954) is the Chief Executive Officer and Chairman of Goldman Sachs. He has been in this position since the May 31, 2006 nomination of former CEO Henry Paulson as Secretary of the Treasury under George W. Bush.

Blankfein was born in the Bronx borough of New York City, raised Jewish and reared in Brooklyn's Linden Houses, part of the New York City Housing Authority. His father was a clerk with the U.S. Postal Service branch in the Manhattan borough of New York City and his mother, a receptionist. As a boy, he worked as a concession vendor at Yankee Stadium. He received primary and secondary education in the public schools of the New York City Department of Education, and was the valedictorian at Thomas Jefferson High School in 1971. He attended Harvard, where he lived in Winthrop House, and earned his B.A. degree in 1975. In 1978, Blankfein received a J.D. degree from Harvard Law School.

Blankfein worked as a corporate tax lawyer for the law firm Donovan, Leisure, Newton & Irvine. In 1981, he joined Goldman's commodities trading arm, J. Aron & Co., as a precious metals salesman in its London office.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Lloyd Blankfein."