Ex-Goldman CEO Fears ‘Reckoning’ As Private Credit Chases Main Street
Lloyd Blankfein, who led Goldman Sachs Group Inc. through the 2008 financial crisis, is now ringing alarm bells as Wall Street steers cash from US savers into its latest lending...
By Todd Gillespie, Sridhar Natarajan · Bloomberg Markets
Lloyd Blankfein, who led Goldman Sachs Group Inc. through the 2008 financial crisis, is now ringing alarm bells as Wall Street steers cash from US savers into its latest lending binge: private credit.