Lloyd Blankfein
π€ SpeakerAppearances Over Time
Podcast Appearances
And I think it was due at a certain, and I said, and he said, can you do that now?
I said, no.
I said, I'm going to honor it.
And I'm not going to, it's not going to be for more than we committed to, and it's not going to be sooner than we committed.
I promise you, we will honor our commitment.
But in this market, we're not going to do more, and we're not going to do it earlier.
And we did all of that stuff in the high integrity.
Here's another thing that's in your head in an ownership culture.
Mm-hmm.
It's your reputation.
It's your firm.
You're going to own that.
It's open-ended.
And so we're going to be there when this crisis is over.
So I worry sometimes about, you know, in the alternative space, when, you know, it may be a 15-year-old firm, but the guy, you know, I joined Goldman Sachs when Goldman Sachs were already dead.
It's an institution.
By the time I got to 150 years old, we're going to be there for another 150 years.
So we're not going to...
We're not going to honor all our commitments because we have to be in business on the other side of this.