Sunday, 28 December 2014
Last updated 4 hours ago
Mar 21 2011 | 7:23am ET
When it comes to wildly speculative market rumors, you can hardly beat this: The No. 1 and No. 2 executives at Goldman Sachs leaving their Wall Street perch to launch a hedge fund.
That's exactly what Fox Business Network's Charlie Gasparino suggested last week in reporting that Goldman CEO Lloyd Blankfein would leave the bank no later than next year. What's more, according to Gasparino, "his number two, Gary Cohn, has also expressed interest in leaving Goldman and starting his own hedge fund."
"You can see maybe both of them leaving; it could be the Blankfein Cohn hedge fund," Gasparino continued. "Maybe they'll start their own firm."
Cohn is Goldman's president.
The former CNBC correspondent said that Blankfein is "tired of running the company" and that "sometime in 2012, and maybe they'll announce it this year, Lloyd Blankfein will not be CEO of Goldman Sachs."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.