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Blankfein: Tax bonuses are 'symbolic' - but symbolism matters

8 years 7 months ago
Goldman Sachs CEO Lloyd Blankfein says the bonuses that are being handed out due to tax reform are "symbolic" but that symbolism matters. He says the most important thing for the economy is people investing for the long run, and solving structural inequality that has "created political instability."

Goldman Sachs CEO Lloyd Blankfein: 'I haven't felt this good since 2006'

8 years 7 months ago
While he doesn't think it's the most likely scenario, Goldman Sachs CEO Lloyd Blankfein says there's a real risk of an overheating economy and the Federal Reserve raising rates quickly. His advice to the average American invested in the stock market: "I'd be planning for the contingency that this ends up being a worse time than people are thinking."
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22 minutes 3 seconds ago
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