Former Goldman Sachs CEO during 2008 crash says markets are ‘due’ for a crisis: ‘It doesn’t matter that you can’t see where it’s coming from’
Yahoo Finance·2025-09-13 03:22
Lloyd Blankfein, the Goldman Sachs CEO between 2006 and 2018, has said he’s developed a sense of foreboding around economic crises. In an interview on CNBC’s Squawk Box on Thursday, he listed some potential risks lurking in financial markets. “I look at credit spreads being so narrow, so much money going to private credit, people trying to goose their returns a little bit by leveraging up in kind of odd ways at the portfolio level,” Blankfein said. He added that plenty of assets are being placed in insu ...