The shareholders have spoken, or rather, voted, and determined by a large margin not to split the offices of chairman and chief executive at Goldman Sachs. Which means Lloyd Blankfein will likely remain the (glorious, preternaturally expressive) face of Goldman Sachs, much to the chagrin, perhaps, of The Wall Street Journal, which has been loudly promoting the idea that he might (and should) resign."I have no current plan to step down," Blankfein told the standing-room–only crowd in lower Manhattan earlier today. In your face, David Weidner. Viva la Lloyd!
Blankfein, in Victory, Remains Goldman’s Chairman [Dealbook/NYT]