FT Makes Lloyd Blankfein Man of Year, Despite His Problems


Goldman Sachs CEO Lloyd Blankfein has taken an awful lot of crap this year, only about half to three-quarters of it deserved, and so today the Financial Times very nicely bestowed upon him the title of Man of the Year. But while they praise him justly for having "navigated the 2008 global financial crisis better than others on Wall Street," and helping his firm turn record profits, they also throw in a dig to make sure he doesn't get too big for his britches.

By suggesting that he already is.

He has few outside interests, but he reads a lot - he majored in history at Harvard and remains a history buff - and is a keen judge for the Financial Times and Goldman Sachs Business Book of the Year Award. He swims and runs to keep in shape, although his weight fluctuates."

And somewhere, high up in 15 Central Park West, a hand hovers over a loaf of Christmas Stollen, then abruptly withdraws.

Master of risk who did God’s work for Goldman Sachs but won it little love [FT]